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.

MCLEAN, VA / ACCESSWIRE / June 21, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") today announced that it has priced an underwritten public offering of 4,000,000 shares of its newly designated 6.00% Series G Cumulative Redeemable Preferred Stock (the "Series G Preferred Stock") at a public offering price of $25.00 per share, raising $100.0 million in gross proceeds and approximately $96.7 million in net proceeds after payment of underwriting discounts and commissions and estimated expenses of the offering payable by the Company. The closing of the transaction is subject to customary closing conditions and the shares are expected to be delivered on June 28, 2021.

Gladstone Commercial Corporation Prices Public Offering of 6.00% Series G Cumulative Redeemable Preferred Stock

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

Gladstone (GOOD) Buys Industrial Service Facility in Baytown

MCLEAN, VA / ACCESSWIRE / June 21, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") today announced that it plans to sell shares of its newly designated Series G Cumulative Redeemable Preferred Stock (the "Series G Preferred Stock") in an underwritten public offering. The public offering price and other terms are to be determined by negotiations between the Company and the underwriters.

Gladstone Commercial Corporation Announces Offering of Series G Cumulative Redeemable Preferred Stock

WillScot Mobile Mini

MCLEAN, VA / ACCESSWIRE / June 17, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it acquired a 25,200 square foot industrial service facility in Baytown (Houston), Texas for $8.125 million on June 17, 2021.The initial capitalization rate for the acquisition was 5.9%, with an average capitalization rate of 7.1%. The property is 100% leased to Mobile Mini, Inc., a wholly-owned subsidiary of a leading storage solutions provider, WillScot Mobile Mini (Nasdaq: WSC), with 12.7 years of remaining lease term.

Gladstone Commercial Announces $8.125 Million Industrial Acquisition in Baytown, TX

MCLEAN, VA / ACCESSWIRE / June 7, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that Gary Gerson has been appointed Chief Financial Officer, effective June 4, 2021. Mr. Gerson has served as Gladstone Commercial's Interim Chief Financial Officer since March 26, 2021.

Gladstone Commercial Appoints Chief Financial Officer

Gladstone Commercial Corp 7% Cum Red Pfd Shs Series D

MCLEAN, VA / ACCESSWIRE / May 27, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company"), today announced the conditional optional redemption of all of the outstanding shares of its 7.00% Series D Cumulative Redeemable Preferred Stock, par value $0.001 per share (the "Series D Preferred Stock"). The optional redemption is contingent upon the Company having sufficient liquidity to complete such redemption on the redemption date, and the Company reserves the right to postpone or cancel any such voluntary redemption in its sole discretion.

Gladstone Commercial Corporation Announces Conditional Optional Redemption of all Outstanding Shares of its Series D Preferred Stock

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Gladstone Commercial: Too 'Good' To Be True

Gladstone Commercial Corporation (GOOD) CEO David Gladstone on Q1 2021 Results - Earnings Call Transcript

Gladstone Commercial (GOOD) delivered FFO and revenue surprises of 10.53% and 3.12%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Gladstone Commercial (GOOD) Tops Q1 FFO and Revenue Estimates

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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 10, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial" or the "Company") today reported financial results for the first quarter ended March 31, 2021.

Gladstone Commercial Corporation Reports Results for the First Quarter Ended March 31, 2021

Gladstone Commercial is a net lease REIT which pays a monthly dividend that's never been missed or reduced. It continues to transition its portfolio to the growing industrial segment, and maintains solid occupancy.

7.2% Yield, Never Cut: Why Gladstone Commercial Is A Good Buy

MCLEAN, VA / ACCESSWIRE / May 3, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it signed a lease with Cordova Food Distributors ("Cordova") at its 5710 W. 82nd Street industrial property located in the Park 100 development in Northwest Indianapolis.

Gladstone Commercial Corporation Executes Lease Continuing 100% Occupancy in Indianapolis Portfolio

MCLEAN, VA / ACCESSWIRE / April 29, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it signed a lease with Mid-State Metal Works ("Mid-State") at its 3785 Pheasant Ridge Drive NE industrial property in Blaine, Minnesota, a suburb of Minneapolis. Construction of building improvements will begin immediately, with occupancy expected in June 2021.

Gladstone Commercial Corporation Executes 61,166 SF Lease at Minneapolis Industrial Property

MCLEAN, VA / ACCESSWIRE / April 13, 2021 / 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 2021, and also announced its plan to report earnings for the first quarter ended March 31, 2021. Cash Distributions: Common Stock: $0.12515 cash distribution per common share for each of April, May, and June 2021, payable per Table 1 below.

Gladstone Commercial Corporation Announces Monthly Cash Distributions for April, May and June 2021 and First Quarter Ended March 31, 2021 Earnings Release and Conference Call Dates

MCLEAN, VA / ACCESSWIRE / April 1, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial" or the "Company") announces position changes for the Investments and Asset Management Teams. The Investments team is under the leadership of Arthur S.

Gladstone Commercial Corporation Announces New Regional Positions to Recognize Individual Accomplishments

Gladstone Land

MCLEAN, VA / ACCESSWIRE / March 25, 2021 / Gladstone Securities LLC (the "Company"), an affiliated broker-dealer of The Gladstone Companies, that acts as dealer manager on alternative investment offerings for certain affiliated Gladstone funds, including Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land") and Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial"), has hired Sean Boyd as its Vice President/National Accounts Manager. Mr. Boyd becomes the Company's second hire, where he joins the recently named National Sales Manager, John Sabey, in the continued distribution team build out.

Gladstone Securities Continues Business Expansion with Appointment of Vice President/National Accounts Manage

MCLEAN, VA / ACCESSWIRE / March 16, 2021 / Gladstone Securities LLC (the "Company"), an affiliated broker dealer of The Gladstone Companies, that acts as dealer manager on alternative investment offerings for certain affiliated Gladstone funds, including Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land") and Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial"), has hired John Sabey as its Executive Vice President/National Sales Manager. Mr. Sabey becomes the Company's first hire for its new distribution team, as it previously engaged third party vendors and their wholesaling teams to distribute preferred stock offerings for both Gladstone Land and Gladstone Commercial, both publicly traded REITs.

Gladstone Securities Expands Business with Appointment of Executive Vice President/National Sales Manager

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Gladstone Commercial's (GOOD) lease extension with T-Mobile USA will likely secure steady cash flows from its Wichita office property for a decent period.

Gladstone Commercial (GOOD) Renews Lease With T-Mobile USA

Gladstone Commercial's (GOOD) lease expansion and extension with credit tenant Sumitomo will likely secure steady cash flows from its Raleigh industrial property for the long term.

Gladstone Commercial (GOOD) Inks Lease Expansion & Extension

MCLEAN, VA / ACCESSWIRE / March 10, 2021 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced a five-year lease extension at its 69,287 square foot, class A office facility located at 2525 North Woodlawn Avenue in Wichita, Kansas. As a result of the lease extension, the property is leased to T-Mobile USA, Inc. through September 30, 2027.

Gladstone Commercial Corporation Announces Lease Renewal of Wichita, KS Office Building

MCLEAN, VA / ACCESSWIRE / March 9, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it has executed a lease expansion and extension with Sumitomo Electric Lightwave Corp. ("Sumitomo") at its Raleigh, North Carolina, industrial property. Sumitomo will now occupy 123,574 square feet, which is 100% of the building, and also extended its lease for an additional five years, through December 31, 2032.

Gladstone Commercial Corporation Executes Lease Expansion and Extension at North Carolina Industrial Property

Gladstone Commercial is simply too cheap relative to the reliability of its dividend. Strong fundamentals and management portend slow and steady growth.

Gladstone Commercial: An All Around 'GOOD' Investment

Gladstone Commercial Corporation's (GOOD) CEO David Gladstone on Q4 2020 Results - Earnings Call Transcript

News for Gladstone Commercial Stock (GOOD)