Item 8.01. Other Events.

Gladstone Commercial Corporation (the "Company") confirmed that, effective June 30, 2021, pursuant to Exhibit D of the Articles of Restatement establishing and fixing the rights and preferences of the 7.00% Series D Cumulative Redeemable Preferred Stock, par value $0.001 per share ("Series D Preferred Stock"), it voluntarily redeemed all 3,509,555 shares of its Series D Preferred Stock at a redemption price equal to $25.1458333 per share, representing the payment of the liquidation preference of $25.00 per share, plus an amount equal to accrued and unpaid dividends in the amount of $0.1458333 per share to but excluding June 30, 2021, and an aggregate redemption price of approximately $88.2 million.

The Company previously announced its intention to redeem its Series D Preferred Stock on May 26, 2021. Proceeds from the 6.00% Series G Cumulative Redeemable Preferred Stock issuance, which closed on June 28, 2021, were sufficient to redeem all outstanding shares of the Series D Preferred Stock.

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