GOODN

Gladstone Commercial Corporation operates as a real estate investment trust (REIT) that acquires, owns, and manages industrial and commercial properties across the United States. Headquartered in McLean, Virginia, the company focuses on single-tenant net lease properties, where tenants assume responsibility for property operating expenses including taxes, insurance, and maintenance. The portfolio spans industrial facilities, office buildings, and other commercial properties leased to businesses in diverse sectors such as manufacturing, distribution, retail, and professional services. Gladstone Commercial typically targets properties valued between $5 million and $30 million in secondary markets, employing a strategy that emphasizes long-term leases with creditworthy tenants. The company generates revenue primarily through rental income from its portfolio of properties located throughout the United States. As a net lease REIT, Gladstone Commercial benefits from predictable cash flows with minimal landlord responsibilities, as tenants handle most property-related costs. The company operates as an externally managed REIT, with management services provided by Gladstone Management Corporation. GOODN represents the company's Series E Cumulative Redeemable Preferred Stock, which pays regular distributions to shareholders. Gladstone Commercial maintains a diversified tenant base to mitigate concentration risk and regularly evaluates acquisition opportunities to expand its portfolio while managing existing properties to maximize occupancy and rental rates.