Anzeige
Mehr »
Login
Donnerstag, 16.09.2021 Börsentäglich über 12.000 News von 675 internationalen Medien
East Africa Metals im Rallyemodus! Aber jetzt wirklich krass!
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche

WKN: 260884 ISIN: US3765361080 Ticker-Symbol: GLE 
Tradegate
16.09.21
20:41 Uhr
18,870 Euro
+0,120
+0,64 %
Branche
Immobilien
Aktienmarkt
Sonstige
1-Jahres-Chart
GLADSTONE COMMERCIAL CORPORATION Chart 1 Jahr
5-Tage-Chart
GLADSTONE COMMERCIAL CORPORATION 5-Tage-Chart
RealtimeGeldBriefZeit
18,76018,85020:48
18,77018,85020:48
ACCESSWIRE
1.473 Leser
Artikel bewerten:
(2)

Gladstone Commercial Corporation: Gladstone Commercial Announces $22.0 Million Industrial Acquisition in Pacific, MO

MCLEAN, VA / ACCESSWIRE / July 21, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it acquired an 80,604 square foot industrial facility on 18.6 acres with significant outdoor storage in Pacific (St. Louis), Missouri for $22.0 million on July 21, 2021. The initial capitalization rate for the acquisition was 6.6%, with an average capitalization rate of 7.5%. The property is Gladstone Commercial's second industrial acquisition in the St. Louis, Missouri MSA.

The property is 100% leased to ADB Companies, LLC, with 17.5 years of remaining absolute NNN lease term. ADB Companies is an infrastructure solutions provider within the telecom and power sectors, offering a full-suite of infrastructure construction services from design through repairs. Constructed in phases from 2018 through 2021, the site features a Class A office building that will serve as ADB's headquarters as well as an industrial maintenance facility, indoor warehousing, and a large laydown yard for the Tenant's inventory and equipment.

"The acquisition of the ADB Companies facility continues our core strategy of acquiring mission-critical properties in our targeted growth locations. The facility will serve as the headquarters for a strong tenant and will be a great addition to our portfolio," said Buzz Cooper, Chief Investment Officer of Gladstone Commercial.

"We are excited to continue our recent strategy of acquiring quality industrial assets with functional laydown areas within fundamentally strong industrial markets," stated EJ Wislar, Senior Vice President and Director of Gladstone Commercial.

Bob Cutlip, President of Gladstone Commercial, agreed, "This transaction will continue our strategy of increasing our allocation to industrial buildings, and we are happy to add high quality real estate and credit to the portfolio."

The property was marketed by Brad Moulder of Stan Johnson Company and Stephen V. Jacquemin of SJ Financial Group.

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 March 31, 2021, Gladstone Commercial's real estate portfolio consisted of 120 properties located in 27 states, totaling approximately 15.5 million square feet. For additional information please visit www.gladstonecommercial.com.

For Broker Submittals:

South Central:
Buzz Cooper
Chief Investment Officer
(703) 287-5815
Buzz.Cooper@gladstonecompanies.com

Southeast:
EJ Wislar
Senior Vice President and Director
(703) 462-1027
EJ.Wislar@gladstonecompanies.com

West:
Mac Dobbins
Principal
(703) 287-5845
Mac.Dobbins@gladstonecompanies.com

Midwest/Northeast:
Todd McDonald
Associate
(703) 287-5895
Todd.McDonald@gladstonecompanies.com

Investor or Media Inquiries:
Bob Cutlip
President - Gladstone Commercial Corporation
(703) 287-5878
Bob.Cutlip@gladstonecompanies.com

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, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Readers should not rely upon forward-looking statements because the matters they describe are subject to known and unknown risks and uncertainties that could cause Gladstone Commercial's business, financial condition, liquidity, results of operations, funds from operations or prospects to differ materially from those expressed in or implied by such statements. Such risks and uncertainties are disclosed under the captions "Forward-Looking Statements" and "Risk Factors" of Gladstone Commercial's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, as filed with the SEC on February 16, 2021 and certain other filings we make 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. Gladstone Commercial 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
+1-703-287-5893

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

SOURCE: Gladstone Commercial Corporation



View source version on accesswire.com:
https://www.accesswire.com/656532/Gladstone-Commercial-Announces-220-Million-Industrial-Acquisition-in-Pacific-MO

GLADSTONE COMMERCIAL-Aktie komplett kostenlos handeln - auf Smartbroker.de
© 2021 ACCESSWIRE
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.