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Gladstone Commercial : Investor Presentation August 2026
Gladstone Commercial : Investor Presentation August
About this update from Gladstone Commercial Corporation - Real Estate Investment Trust
Investor Presentation August 2026 | Nasdaq: GOOD Gladstone Commercial Corporation ("GOOD" or the "Company") is a publicly-traded Real Estate Investment Trust ("REIT") that completed its IPO in 2003 and is listed on Nasdaq (Ticker: GOOD) Investment Focus Portfolio Highlights 151 Properties $1.8 billion Gross Assets Single tenant or anchored multi-tenant net lease industrial assets Long term leases (7+ years) Strong, credit tenants 17.7 million Square Feet Mission-critical real estate in path of growth markets 109 Unique Tenants Third party purchases, sale leasebacks, or build-to-suit developments Focused on industrial portfolio growth 98.7% Occupancy 7.1 years Average Remaining Lease Term Company Overview Diverse Portfolio Portfolio diversified across tenants, geographies, and industries 151 properties with 109 unique tenants in 27 different states with no tenant accounting for more than 6% of annualized straight-line rent Most industrial leases have fixed annual escalations up to 3.5%, providing steady contractual revenue growth Growing Industrial Concentration Since 2018, GOOD has increased industrial concentration (as a % of annualized straight-line base rent) from 35% to 69% Industrial assets continue to outperform other asset classes with long term future demand driven by numerous tailwinds including manufacturing reshoring and supply chain optimization 20+ Year History GOOD's management has decades of combined experience investing in net lease assets and evaluating tenant credit History of consistent and disciplined growth poised to continue in any economic environment Mission-Critical Assets GOOD's portfolio occupancy has never declined below 95%, and industrial and office portfolio occupancy rates were 99.8% and 91.3%, respectively, as of June 30, 2026 Tenants often have heavy fixed investment in a site, resulting in prohibitive relocation costs More than 77% of annualized straight-line base rent expires in 2029 or later Robust Underwriting Platform GOOD's in-house underwriting team critically evaluates every potential new tenant's credit In GOOD's 20+ year history spanning multiple economic cycles, only six tenants have ever defaulted Consistently high cash rent collection - 100% of cash rents collected in 2021-2026 (through July 2026), and 99% cash rent collection in 2020 (overlapping with COVID-19 pandemic) Conservative Balance Sheet and Capital...