Gladstone Commercial Corporation Announces Five-Year Lease at Austin, TX Office Building

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[{"type":"text","content":"MCLEAN, VA / ACCESSWIRE / July 28, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) (\"Gladstone Commercial\") announced it has entered into a 5.7 year lease with Cognizant Technology Solutions U.S. Corporation (\"Cognizant\") for 41,225 square feet of its 320,000 square foot, four story office building, located at 717 East Parmer Lane in Austin, Texas, bringing occupancy to approximately 70%.\"We are delighted to have Cognizant in our portfolio and express thanks to their real estate department for their assistance on the deal. We could not have asked for better partners. This transaction shows the strength of the Austin market and the resiliency of the office sector. I would also like to thank Bethany Perez and Colton McCasland of JLL for their untiring work,\" said Perry Finney, Senior Vice President of Gladstone Commercial.Buzz Cooper, Gladstone Commercial's President, added, \"Cognizant is a great tenant to have and adds to the strength of our already impressive roster of tenants. We appreciate the speed and efficiency in which they acted to execute the deal.\"About Gladstone Commercial Corporation (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 March 31, 2022, Gladstone Commercial's real estate portfolio consisted of 131 properties located in 27 states, totaling approximately 16.4 million square feet. For additional information please visit www.gladstonecommercial.com.For Broker Submittals:Buzz CooperPresident(703) [email protected] Asset Management Matters:Perry FinneySenior Vice President(703) [email protected] 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 uncertaintie...

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