Gladstone Commercial Announces Acquisition of a 693,236 SF Industrial Portfolio

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[{"type":"text","content":"MCLEAN, VA / ACCESS Newswire / October 1, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) (\"Gladstone Commercial\") is pleased to announce the acquisition of an industrial portfolio totaling 693,236 square feet of manufacturing, distribution, and warehouse space across six locations in Michigan, Indiana, and Georgia. Concurrent with the $54.5 million acquisition, Gladstone Commercial leased back the facilities via a 20-year absolute net lease to TI Group Automotive Systems, L.L.C. and its affiliate (\"TI Automotive\"), a global tier 1 automotive supplier.\"The acquisition of this portfolio continues our efforts to add manufacturing and industrial facilities leased to credit-worthy tenants to our real estate portfolio,\" stated Ryan Carter, Executive Vice President of Gladstone Commercial.\"We are pleased to have executed a cross-regional portfolio, reflecting our disciplined approach to sourcing and closing complex sale-leaseback transactions. These facilities are essential to TI Automotive's business and serve as key manufacturing and distribution hubs,\" said Todd McDonald, Senior Vice President of Gladstone Commercial.\"This acquisition advances our strategy of building a durable industrial portfolio in key U.S. manufacturing markets. The portfolio is secured by a long-term absolute net lease in markets that continue to benefit from strong manufacturing demand. The transaction extends our weighted average lease term and enhances the overall quality and stability of our portfolio,\" said Buzz Cooper, President of Gladstone Commercial.About Gladstone Commercial (Nasdaq:GOOD)Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of June 30, 2025, Gladstone Commercial's real estate portfolio consisted of 143 properties located in 27 states, totaling approximately 17.0 million square feet. For additional information, please visit www.gladstonecommercial.com.For Broker Submittals:Midwest/West South CentralRyan Carter Todd Alan McDonaldExecutive Vice President Senior Vice President(571) 451-0019 (703) [email protected] [email protected] Southeast/Northeast Nick Lindsay Vice President (703) [email protected] Investor or Media Inquiries:Buzz Cooper Catherine GerkisPreside...

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