Gladstone Commercial Corporation is a real estate investment trust (REIT) that focuses on the acquisition and long‐term ownership of industrial and office properties throughout the United States. The company’s portfolio emphasizes both single‐tenant net‐leased investments and multi‐tenant assets, targeting properties that provide stable, predictable rental income. Gladstone Commercial seeks to grow shareholder value through both internal cash flow from its existing portfolio and strategic property acquisitions in markets with strong occupancy trends.
The company’s primary business activities include identifying, underwriting and acquiring commercial real estate assets that support light industrial users and professional office tenants. Gladstone Commercial often enters into triple‐net leases, under which tenants are responsible for property taxes, insurance and maintenance, reducing operating risk for the REIT. In addition to property acquisitions, the company actively manages lease renewals and tenant relationships to maintain high occupancy rates and reliable cash distributions.
Since its founding in 2003, Gladstone Commercial has expanded its holdings to include more than 200 properties across over 30 states. The portfolio spans key growth regions such as the Sun Belt, Mid‐Atlantic and Pacific Northwest, with concentrations in markets driven by logistics, manufacturing support and professional services. By maintaining geographic diversification, the company seeks to mitigate the impact of localized economic downturns and capitalize on varied property demand dynamics.
Gladstone Commercial operates under an external management agreement with Gladstone Management Corporation, a privately owned investment firm that oversees day-to-day operations and strategic direction. The company’s leadership team is headed by David A. Gladstone, who serves as Chairman and Chief Executive Officer, and Michael C. Frank, who holds the roles of President, Chief Financial Officer and Chief Accounting Officer. Under their stewardship, the REIT pursues disciplined asset selection and active portfolio management to support its monthly dividend program and long‐term growth objectives.
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