Gladstone Commercial Corporation acquired 246,000 square foot, two-property industrial portfolio located in Vineland and Bridget, New Jersey for $32.7 million.
August 07, 2022
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Gladstone Commercial Corporation (NasdaqGS:GOOD) acquired 246,000 square foot, two-property industrial portfolio located in Vineland and Bridget, New Jersey for $32.7 million on August 5, 2022.
Gladstone Commercial Corporation (NasdaqGS:GOOD) completed the acquisition of 246,000 square foot, two-property industrial portfolio located in Vineland and Bridget, New Jersey on August 5, 2022.
Gladstone Commercial Corporation is a real estate investment trust (REIT). The Company is focused on acquiring, owning and operating net leased industrial and office properties across the United States. It conducts its operations through a subsidiary, Gladstone Commercial Limited Partnership (Operating Partnership). It owns about 133 properties totaling 16.84 million square feet of rentable space, located in 27 states. Its properties are geographically diversified, and its tenants cover a broad cross section of business sectors and range in size from small to large private and public companies. Its properties are located in various states of the United States, such as Texas, Florida, Pennsylvania, Ohio, Georgia, North Carolina, Alabama, New Jersey, Michigan and South Carolina. The Company's properties have tenants from various industries, such as telecommunications, diversified/conglomerate services, healthcare, automotive, banking, diversified/conglomerate manufacturing, and others.
Gladstone Commercial Corporation acquired 246,000 square foot, two-property industrial portfolio located in Vineland and Bridget, New Jersey for $32.7 million.