Gladstone Commercial Corporation Executes Five Year Lease Extension at its Syracuse, NY property
The one and two-story light manufacturing building was originally built in 2005, and remains in excellent condition. The building serves as the headquarters of Gaylord, which is a leading provider of preservation and exhibit products to institutions and individuals.
“We acquired this property in 2007,” stated Buzz Cooper, Senior Managing Director of Gladstone Commercial, “and the lease extension by Gaylord re-affirms their commitment to this location.”
“I am pleased with our team’s continued successful leasing efforts in 2019” remarked Bob Cutlip, President of Gladstone Commercial. “Extending this lease increases the weighted average lease term of the
For Broker Submittals:
|Buzz Cooper||Brandon Flickinger|
|Senior Managing Director||Managing Director|
|(703) 287-5815||(703) 287-5819|
|Senior Managing Director|
Investor or Media Inquiries:
|President – Gladstone Commercial Corporation|
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 the Company'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
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
Source: Gladstone Commercial Corporation