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Stock impact report

Gladstone Commercial Announces Two Acquisitions in the Dallas/Fort Worth MSA [Yahoo! Finance]

Gladstone Commercial Corporation - Real Estate Investment Trust (GOOD) 
Last gladstone commercial corporation - real estate investment trust earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstonecommercial.com
Company Research Source: Yahoo! Finance
MCLEAN, VA / ACCESSWIRE / August 2, 2023 / During July 2023, Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") acquired two assets in the Dallas / Fort Worth MSA. The two assets total $11,925,000 and 107,714 square feet. The first asset, acquired on July 10, 2023, is a 7,714 square foot medical retail facility, located in Burleson, Texas with a ten-year net lease to a national provider of applied behavior analysis therapy. The purchase price of the asset was $2,850,000. The second asset, acquired on July 28, 2023, is a 100,000 square foot industrial manufacturing facility, located in Cedar Hill, Texas. The property was acquired in a 20-year absolute net sale leaseback. This asset continues to build upon Gladstone Commercial's strong track record of executing long-term industrial sale leaseback transactions with creditworthy tenants. The purchase price of the asset was $9,075,000 with a GAAP cap rate of 10.10%. "We are excited to add two new assets from the Show less Read more
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