"This transaction is consistent with our capital recycling strategy that seeks to divest non-core assets outside of our target markets while growing and maintaining a best-in-class portfolio in strong secondary markets," said Matt Tucker, Managing Director of Gladstone Commercial. "We were able to opportunistically sell this short term leased asset at a substantial profit."
About Gladstone Commercial Corporation (NASDAQ:GOOD)
For Broker Submittals:
|Senior Managing Director||Managing Director|
|(703) 287-5830||(310) 953-4960|
|(703) 287-5815||(703) 287-5819|
Investor or Media Inquiries:
|President - |
All statements contained
in this press release, other than historical facts, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Readers should not rely upon forward-looking statements because the matters they describe are subject to known and unknown risks and uncertainties that could cause Gladstone Commercial's business, financial condition, liquidity, results of operations, funds from operations or prospects to differ materially from those expressed in or implied by such statements. Such risks and uncertainties are disclosed under the caption "Risk Factors" of the company's
Annual Report on Form 10-K for the fiscal year ended December 31, 2015, as filed with the
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