Gladstone Commercial Corporation provided an update on its diversified real estate portfolio, highlighting ownership of 151 properties totaling 17.7 million square feet and $1.8 billion in gross assets. The company focuses primarily on single tenant or anchored multi-tenant net lease industrial assets, with an average remaining lease term of 7.5 years and a current occupancy rate of 99.1%. The portfolio is geographically and tenant diversified, with 69% of annualized base rent derived from industrial properties, 28% from office, 2% from retail, and 1% from medical office. Since the beginning of 2022, the company has repaid $195.8 million in mortgage debt and increased its unencumbered asset base by over 60%. Gladstone Commercial reported over $63.1 million in dividends distributed to shareholders in 2024 and maintains $24.6 million in available liquidity. Debt management remains a focus, with 76% of outstanding debt at fixed or hedged floating rates and minimal maturities before 2026. You can access the full presentation through the link below.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gladstone Commercial Corporation published the original content used to generate this news brief on November 04, 2025, and is solely responsible for the information contained therein.
