The Fort Worth Press - Gladstone Commercial Announces Acquisition of a 693,236 SF Industrial Portfolio

USD -
AED 3.672504
AFN 63.503991
ALL 81.244999
AMD 376.110854
ANG 1.789731
AOA 917.000367
ARS 1399.250402
AUD 1.409443
AWG 1.8
AZN 1.70397
BAM 1.647475
BBD 2.012046
BDT 122.174957
BGN 1.647646
BHD 0.3751
BIF 2946.973845
BMD 1
BND 1.262688
BOB 6.903087
BRL 5.219404
BSD 0.998947
BTN 90.484774
BWP 13.175252
BYN 2.862991
BYR 19600
BZD 2.009097
CAD 1.36175
CDF 2255.000362
CHF 0.769502
CLF 0.021854
CLP 862.903912
CNY 6.90865
CNH 6.901015
COP 3660.44729
CRC 484.521754
CUC 1
CUP 26.5
CVE 92.882113
CZK 20.44504
DJF 177.88822
DKK 6.293504
DOP 62.233079
DZD 128.996336
EGP 46.615845
ERN 15
ETB 155.576128
EUR 0.842404
FJD 2.19355
FKP 0.733683
GBP 0.734187
GEL 2.67504
GGP 0.733683
GHS 10.993556
GIP 0.733683
GMD 73.503851
GNF 8768.057954
GTQ 7.662048
GYD 208.996336
HKD 7.81845
HNL 26.394306
HRK 6.348604
HTG 130.985975
HUF 319.430388
IDR 16832.8
ILS 3.09073
IMP 0.733683
INR 90.555504
IQD 1308.680453
IRR 42125.000158
ISK 122.170386
JEP 0.733683
JMD 156.340816
JOD 0.70904
JPY 152.72504
KES 128.812703
KGS 87.450384
KHR 4018.026366
KMF 415.00035
KPW 899.945229
KRW 1440.560383
KWD 0.30661
KYD 0.832498
KZT 494.35202
LAK 21437.897486
LBP 89457.103146
LKR 308.891042
LRD 186.25279
LSL 16.033104
LTL 2.95274
LVL 0.60489
LYD 6.298277
MAD 9.134566
MDL 16.962473
MGA 4370.130144
MKD 51.922672
MMK 2099.574581
MNT 3581.569872
MOP 8.044813
MRU 39.81384
MUR 45.903741
MVR 15.405039
MWK 1732.215811
MXN 17.164804
MYR 3.907504
MZN 63.910377
NAD 16.033104
NGN 1353.403725
NIO 36.760308
NOK 9.506104
NPR 144.775302
NZD 1.662372
OMR 0.38258
PAB 0.999031
PEN 3.351556
PGK 4.288422
PHP 57.848504
PKR 279.396706
PLN 3.54775
PYG 6551.825801
QAR 3.640736
RON 4.291404
RSD 98.909152
RUB 77.184854
RWF 1458.450912
SAR 3.749858
SBD 8.045182
SCR 13.47513
SDG 601.503676
SEK 8.922504
SGD 1.263504
SHP 0.750259
SLE 24.450371
SLL 20969.49935
SOS 570.441814
SRD 37.754038
STD 20697.981008
STN 20.637662
SVC 8.741103
SYP 11059.574895
SZL 16.029988
THB 31.080369
TJS 9.425178
TMT 3.5
TND 2.880259
TOP 2.40776
TRY 43.608504
TTD 6.780946
TWD 31.384038
TZS 2607.252664
UAH 43.08175
UGX 3536.200143
UYU 38.512404
UZS 12277.302784
VES 392.73007
VND 25970
VUV 119.325081
WST 2.701986
XAF 552.547698
XAG 0.012937
XAU 0.000198
XCD 2.70255
XCG 1.800362
XDR 0.687192
XOF 552.547698
XPF 100.459083
YER 238.350363
ZAR 15.950904
ZMK 9001.203584
ZMW 18.156088
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • GSK

    0.3900

    58.93

    +0.66%

  • BTI

    -1.1100

    59.5

    -1.87%

  • RELX

    2.2500

    31.06

    +7.24%

  • BCE

    -0.1200

    25.71

    -0.47%

  • RYCEF

    0.2300

    17.1

    +1.35%

  • AZN

    1.0300

    205.55

    +0.5%

  • CMSC

    0.0500

    23.75

    +0.21%

  • NGG

    1.1800

    92.4

    +1.28%

  • RIO

    0.1600

    98.07

    +0.16%

  • BCC

    -1.5600

    86.5

    -1.8%

  • JRI

    0.2135

    13.24

    +1.61%

  • VOD

    -0.0500

    15.57

    -0.32%

  • CMSD

    0.0647

    23.64

    +0.27%

  • BP

    0.4700

    37.66

    +1.25%

Gladstone Commercial Announces Acquisition of a 693,236 SF Industrial Portfolio
Gladstone Commercial Announces Acquisition of a 693,236 SF Industrial Portfolio

Gladstone Commercial Announces Acquisition of a 693,236 SF Industrial Portfolio

MCLEAN, VA / ACCESS Newswire / October 1, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") is pleased to announce the acquisition of an industrial portfolio totaling 693,236 square feet of manufacturing, distribution, and warehouse space across six locations in Michigan, Indiana, and Georgia. Concurrent with the $54.5 million acquisition, Gladstone Commercial leased back the facilities via a 20-year absolute net lease to TI Group Automotive Systems, L.L.C. and its affiliate ("TI Automotive"), a global tier 1 automotive supplier.

Text size:

"The acquisition of this portfolio continues our efforts to add manufacturing and industrial facilities leased to credit-worthy tenants to our real estate portfolio," stated Ryan Carter, Executive Vice President of Gladstone Commercial.

"We are pleased to have executed a cross-regional portfolio, reflecting our disciplined approach to sourcing and closing complex sale-leaseback transactions. These facilities are essential to TI Automotive's business and serve as key manufacturing and distribution hubs," said Todd McDonald, Senior Vice President of Gladstone Commercial.

"This acquisition advances our strategy of building a durable industrial portfolio in key U.S. manufacturing markets. The portfolio is secured by a long-term absolute net lease in markets that continue to benefit from strong manufacturing demand. The transaction extends our weighted average lease term and enhances the overall quality and stability of our portfolio," said Buzz Cooper, President of Gladstone Commercial.

About Gladstone Commercial (Nasdaq:GOOD)

Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of June 30, 2025, Gladstone Commercial's real estate portfolio consisted of 143 properties located in 27 states, totaling approximately 17.0 million square feet. For additional information, please visit www.gladstonecommercial.com.

For Broker Submittals:

Midwest/West

South Central

Ryan Carter

Todd Alan McDonald

Executive Vice President

Senior Vice President

(571) 451-0019

(703) 287-5895

[email protected]

[email protected]

Southeast/Northeast

Nick Lindsay

Vice President

(703) 966-3864

[email protected]

Investor or Media Inquiries:

Buzz Cooper

Catherine Gerkis

President

Director of Investor Relations/ESG

(703) 287-5815

(703) 287-5846

[email protected]

[email protected]

All statements contained in this press release, other than historical facts, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements involve inherent risks and uncertainties as they relate to expectations, beliefs, projections, future plans and strategies, anticipated events, or trends concerning matters that are not historical facts and may ultimately prove to be incorrect or false. Forward-looking statements include information about possible or assumed future events, including, without limitation, those relating to the discussion and analysis of Gladstone Commercial's business, financial condition, results of operations, and our strategic plans and objectives. Words such as "may," "might," "believe," "will," "anticipate," "future," "could," "growth," "plan," "intend," "expect," "should," "would," "if," "seek," "possible," "potential," "likely" and variations of these words and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these words. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those included within or contemplated by such statements, including, but not limited to, the description of risks and uncertainties in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the SEC on February 18, 2025, and certain other filings made with the SEC. Gladstone Commercial cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

For further information: Gladstone Commercial Corporation, (703) 287-5893

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstonecompanies.com.

SOURCE: Gladstone Commercial Corporation



View the original press release on ACCESS Newswire

F.Carrillo--TFWP