GLADSTONE COMMERCIAL CORP

Gladstone Commercial is a diversified real estate investment trust that acquires and leases single-tenant and anchored multi-tenant net-leased properties across the United States. The company generates revenue primarily through rental income from long-term lease agreements with its tenant base. Property acquisitions occur through direct purchases, sale-leaseback transactions, and build-to-suit partnerships with developers.

As of June 30, 2025, the company owned approximately 17.0 million square feet of real estate across 143 properties located in 27 states. The portfolio is weighted toward industrial and office assets. The tenant base comprises 107 companies representing 20 diversified industries, with approximately 51% holding investment-grade or equivalent credit ratings. Leases had an average remaining term of 7.1 years. Total assets stood at approximately $1.2 billion.

The tenant mix spans middle-market private businesses to investment-grade rated companies, providing diversification across credit quality and industry sectors. The company is incorporated in Maryland and headquartered in McLean, Virginia.