Gladstone Commercial Provides Summary of Key 2025 Business Developments

About this update from Gladstone Commercial Corporation - Real Estate Investment Trust

[{"type":"text","content":"MCLEAN, VA / ACCESS Newswire / January 22, 2026 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") is pleased to report another successful year of investing, leasing, and disposition activity in the net lease space. We continue to create shareholder value by increasing our industrial exposure and disposing of non-core office assets.","length":367,"tagName":"p"},{"type":"text","content":"Issuance of Senior Unsecured Notes:","length":35,"tagName":"p"},{"type":"text","content":"• In December 2025, we closed on an $85.0 million private placement of 5.99% senior unsecured notes due December 15, 2030. This is our second issuance of private placement notes and our ability to execute follow-on issuances adds an efficient financing source to facilitate growing our industrial portfolio.","length":307,"tagName":"p"},{"type":"text","content":"Extended and Upsized Bank Credit Facility:","length":42,"tagName":"p"},{"type":"text","content":"• In October 2025, we amended, extended and upsized our syndicated revolving credit and term loan facility from $475 million to $600 million, with an option to further increase such amount by a maximum of $250 million for a total credit facility of $850 million. The aggregate term loan component was upsized by $50 million, while the revolving credit facility was upsized by $75 million.","length":388,"tagName":"p"},{"type":"text","content":"Acquisition Activity:","length":21,"tagName":"p"},{"type":"text","content":"• We completed over $206.0 million in new acquisitions across ten industrial facilities totaling 1.6 million square feet with a weighted average cap rate of 8.88%. At closing, these properties had a weighted average lease term of 15.9 years. The transactions were completed in established, growing industrial markets in the following states: Wisconsin, Texas, Georgia, Indiana, and Michigan.","length":391,"tagName":"p"},{"type":"text","content":"• We increased portfolio industrial concentration as a percentage of annualized straight line rent to 69% as of December 31, 2025, as compared to 63% as of December 31, 2024.","length":174,"tagName":"p"},{"type":"text","content":"Leasing and Disposition Activity:","length":33,"tagName":"p"},{"type":"text","content":"• During 2025, we renewed or extended 1.2 million square feet of leases at 17 of our properties. These leases re...

More updates from Gladstone Commercial Corporation - Real Estate Investment Trust