MCLEAN, VA / ACCESSWIRE / July 10, 2024 / 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 properties across the United States. We are providing the following semi-annual business update regarding our portfolio performance during a time of market volatility.
Gladstone Commercial (GOOD) reachead $14.28 at the closing of the latest trading day, reflecting a -0.35% change compared to its last close.
MCLEAN, VA / ACCESSWIRE / July 9, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of July, August and September 2024 and also announced its plan to report earnings for the second quarter ended June 30, 2024. Cash Distributions: Common Stock: $0.10 cash distribution per common share for each of July, August and September 2024, payable per Table 1 below.
Gladstone Commercial (GOOD) reachead $13.86 at the closing of the latest trading day, reflecting a +0.22% change compared to its last close.
Gladstone Commercial (GOOD) announces a 7-year, 2-month lease with Hub Group in Pennsylvania, reflecting decent demand for its industrial properties.
MCLEAN, VA / ACCESSWIRE / June 17, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that it has executed a 7-year, 2-month lease with Hub Group, Inc. ("Hub Group") at its 966,753 SF industrial building in Taylor, Pennsylvania, commencing July 1, 2024. The property was purchased by Gladstone Commercial in 2014.
Gladstone Commercial Corporation has collected 100% of its cash rent in 1Q24, making it a compelling investment for passive income investors. The trust is more focused on industrial real estate, which is performing better than office properties. The stock is cheap based on funds from operations (FFO), making it a solid long-term investment option.
Traditional fixed-income recommendations hinder portfolio performance, failing to outpace inflation or meet income needs. Our fixed-income allocation features high-yield, attractively discounted preferred securities. We highlight two quality preferred stocks poised for excellent total returns and consistent income.