Gladstone Commercial

Gladstone Commercial Corp. is a real estate investment trust, which engages in the acquisition, managing and ownership of office and industrial properties. Its portfolio consists of single-tenant commercial and industrial real properties. The company was founded by David John Gladstone on February 14, 2003 and is headquartered in McLean, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Gladstone Commercial reports strong Q4 earnings amidst economic challenges

Gladstone Commercial's Q4 2022 earnings call showcased solid financial performance, proactive decision-making, and strategic focus on industrial assets. While economic challenges and lease expirations pose concerns, opportunities in debt refinancing and portfolio optimization were highlighted. Executives expressed confidence in the team's performance and readiness for future growth.

Gladstone Commercial reports solid Q1 results amidst industrial focus

Gladstone Commercial's Q1 2023 performance reflects strong financial results, strategic focus on industrial assets, and proactive portfolio optimization.
The company faces challenges from economic uncertainties but stands to benefit from growth opportunities in industrial acquisitions and market conditions.
By addressing challenges, leveraging strengths, and capitalizing on opportunities, Gladstone Commercial aims to drive sustainable growth and enhance shareholder value.

Gladstone Commercial excels in Q2 with industrial asset focus

Gladstone Commercial's Q2 performance reflects a strategic focus on industrial assets, financial transparency, and effective management.
The company's strengths lie in proactive asset management, successful acquisitions, and a clear vision for portfolio composition.
Challenges include market transitions, asset disposition strategies, and maintaining financial stability amidst uncertainties, while opportunities exist in industrial growth and strategic optimizations.

Gladstone Commercial excels in Q3 with industrial asset focus

Gladstone Commercial's Q3 performance reflects a strategic emphasis on industrial assets, driving growth and financial stability.
Despite potential challenges in the commercial real estate sector, the company's strong financial position and operational focus position them well for opportunities.
With a solid performance, strategic strengths, identified challenges, and growth opportunities, Gladstone Commercial remains well-positioned for future success.

Gladstone Commercial reports strong Q4 performance and growth strategies

Gladstone Commercial's Q4 2023 earnings call showcased strong financial performance and strategic focus on industrial assets.
The company's robust debt profile and liquidity position provide a solid foundation for future growth.
While challenges like interest rate fluctuations exist, opportunities in acquisitions and portfolio optimization offer avenues for continued success.

Gladstone Commercial reports stable Q1 performance amidst industrial real estate focus

Gladstone Commercial delivered a solid performance in Q1 2024 with stable FFO and high portfolio occupancy, reflecting effective asset management.
While challenges like credit quality and market uncertainties exist, the company's strategic focus on industrial real estate presents growth opportunities.
By navigating challenges cautiously and leveraging market opportunities, Gladstone Commercial aims to sustain its financial resilience and drive future growth.

Gladstone Commercial reports strong Q3 performance and eyes industrial growth

Gladstone Commercial's Q3 performance reflects a robust financial position and strategic portfolio management.
While facing challenges in the acquisition market and lease expirations, the company is well-positioned to capitalize on growth opportunities.
By focusing on industrial asset growth and maintaining financial strength, Gladstone Commercial aims for sustained success in the coming year.

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Gladstone Commercial Corp. is a real estate investment trust, which engages in the acquisition, managing and ownership of office and industrial properties. It operates through the Texas, Florida, Pennsylvania, Ohio, Georgia, North Carolina, Alabama, New Jersey, Michigan, South Carolina, and All Other States geographic locations. The company was founded by David John Gladstone on February 14, 2003 and is headquartered in McLean, VA.

Gladstone Commercial is a well-managed trust whose portfolio is currently 97% occupied. The portfolio is well-diversified.

Gladstone Commercial: Buy This 7.8% Yielding Trust

MCLEAN, VA / ACCESSWIRE / May 12, 2022 / On May 12, 2022, Gladstone Commercial Corporation (NASDAQ:GOOD) acquired a 345,584 square foot industrial manufacturing/distribution warehouse, located on 59 acres in Wilmington, North Carolina, for $18.8 million with a GAAP capitalization rate of 6.45%. The property is 100% leased to Pacon Manufacturing ("Pacon") with 13.1 years of remaining lease term.

Gladstone Commercial Announces $18.8 Million Industrial Acquisition in Wilmington, NC

Gladstone Commercial continues to deliver steady results with strong occupancy. Management has made solid progress towards increasing the property allocation to the bustling industrial sector.

Gladstone Commercial: 7.4% Yield, Good Things Come To Those Who Wait

MCLEAN, VA / ACCESSWIRE / May 5, 2022 / On May 4, 2022, Gladstone Commercial Corporation (NASDAQ:GOOD) acquired a 260,719 square foot, two-property, industrial portfolio, with locations in Fort Payne, AL, and Cleveland, OH, for a gross purchase price of $19.3 million at a GAAP capitalization rate of 6.80%. The portfolio is 100% leased to Plasman™ with 11.4 years of remaining absolute NNN lease term.

Gladstone Commercial Announces $19.3 Million Industrial Portfolio Acquisition

Gladstone Commercial Corporation (NASDAQ:GOOD ) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants David Gladstone - Chairman and Chief Executive Officer Gary Gerson - Chief Financial Officer Michael LiCalsi - General Counsel and Secretary Robert Cutlip - President Buzz Cooper - Co-President, Chief Investment Officer, and Executive Vice President Conference Call Participants Rob Stevenson - Janney Montgomery Scott Craig Kucera - B. Riley Securities Brian Hollenden - Aegis Capital James Villard - Ladenburg Thalmann Operator Greetings.

Gladstone Commercial Corporation's (GOOD) CEO David Gladstone on Q1 2022 Results - Earnings Call Transcript

Gladstone Commercial (GOOD) delivered FFO and revenue surprises of 0% and 4.18%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Gladstone Commercial (GOOD) Q1 FFO Match Estimates

Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / May 4, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial" or the "Company") today reported financial results for the first quarter ended March 31, 2022.

Gladstone Commercial Corporation Reports Results for the First Quarter Ended March 31, 2022

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MCLEAN, VA / ACCESSWIRE / May 3, 2022 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it executed a five-year lease with Aveda Services, Inc. ("Aveda") for 29,505 square feet within its industrial building located in Blane, Minnesota. Aveda is a wholly owned subsidiary of Estee-Lauder Inc. The lease brings the 92,187 square foot building to 100% occupancy.

Gladstone Commercial Corporation Brings Building to Full Occupancy

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MCLEAN, VA / ACCESSWIRE / April 12, 2022 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of April, May and June 2022, and also announced its plan to report earnings for the first quarter ended March 31, 2022. Cash Distributions: Common Stock: $0.1254 cash distribution per common share for each of April, May and June 2022, payable per Table 1 below.

Gladstone Commercial Corporation Announces Monthly Cash Distributions for April, May and June 2022 and First Quarter Ended March 31, 2022 Earnings Release and Conference Call Dates

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MCLEAN, VA / ACCESSWIRE / March 28, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it executed a 15-year lease with CVG Management Corp. ("CVG") for its office building located in New Albany, Ohio. The property is near Intel's 3,200 acre, $20+ billion chip manufacturing campus to be developed in New Albany.

Gladstone Commercial Corporation Executes 15-Year Lease Renewal at Office Property in New Albany, Ohio

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Gladstone Commercial's (GOOD) latest acquisition is in line with its strategy of expanding on buyouts of high-quality, functional industrial assets leased to tenants with strong credit profiles.

Gladstone Commercial (GOOD) Buys Oklahoma Industrial Facility

MCLEAN, VA / ACCESSWIRE / March 14, 2022 / Gladstone Commercial Corporation (NASDAQ:GOOD) acquired a 56,000 square foot industrial facility, located on three acres in Oklahoma City, Oklahoma, for $5.9 million on March 11, 2022.The property is Gladstone Commercial's second industrial acquisition in Oklahoma. The property, acquired in a sale/leaseback transaction, is 100% leased to Made By Influence LLC, with seven years of remaining absolute NNN lease term.

Gladstone Commercial Announces $5.9 Million Industrial Acquisition in Oklahoma City

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MCLEAN, VA / ACCESSWIRE / March 7, 2022 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it executed a renewal with Bosch Security Systems Incorporated ("Bosch") for its office property located in the Minneapolis MSA. The renewal extends a 73,960 square foot office suite through July 31, 2028.

Gladstone Commercial Corporation Executes 5.5 Year Lease Renewal at Office Property in Burnsville, Minnesota

Solid demand for Gladstone Commercial's (GOOD) properties boosts occupancy in the portfolio. The company also collects 100% of the cash base rent for February.

Gladstone Commercial (GOOD) Sees High Occupancy in February

MCLEAN, VA / ACCESSWIRE / February 24, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") acquired an 80,000 square foot industrial facility, located on 9.2 acres in Wilkesboro, North Carolina, for $7.4 million on February 24, 2022.The property is Gladstone Commercial's ninth industrial acquisition in North Carolina. The property is 100% leased to InterFlex Group ("InterFlex") with 12.7 years of remaining absolute NNN lease term.

Gladstone Commercial Announces $7.4 Million Industrial Acquisition in Wilkesboro, NC

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Gladstone Commercial is one of the highest-yielding real estate investment trusts (REITs) today, but is its 7% dividend worth it?

How Safe Is Gladstone Commercial's Dividend?

Gladstone Commercial did not cut its dividend during the Covid-19 outbreak. The REIT provides dividend stability through a diversified real estate portfolio.

Gladstone Commercial: Add This 7% Yielder To Your Retirement Portfolio

Gladstone Commercial Corporation (GOOD) CEO David Gladstone on Q4 2021 Results - Earnings Call Transcript

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