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Stock impact report

Gladstone Commercial Provides a Business Update

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: Accesswire
MCLEAN, VA / ACCESSWIRE / November 3, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("we" or "Gladstone Commercial") is a real estate investment trust ("REIT") focused on acquiring, owning and operating net leased industrial and office properties across the United States. We are providing the following monthly business update regarding our portfolio performance during a time of market volatility.100% of October cash base rents have been paid and collected.Portfolio occupancy is at 96.3%, as of October 31, 2022.We amended, extended and upsized our credit facility by adding $145.0 million of term loans and an additional $25.0 million commitment to our revolving credit facility, thereby upsizing the full facility from $325.0 million to $495.0 million.We acquired a 68,674 square foot industrial asset, in Denver, Colorado, for a total purchase price of $12.0 million.We sold our 31,293 square foot office property in Columbus, Ohio.We extended the lease on our 29,257 Egg Harbor, New Show less Read more
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