Craft

Gladstone Commercial

Stock Price

$15.9

2024-10-29

Market Capitalization

$681.2 M

2024-10-29

Revenue

$161.3 M

FY, 2025

Gladstone Commercial Summary

Company Summary

Overview
Gladstone Commercial Corporation is a REIT that invests in single tenant and anchored multi-tenant net leased industrial, office and, to a lesser extent, medical properties nationwide. We also invest alongside developers in build-to-suit transactions where a tenant requires a new building. We buy properties with strong tenants of all sizes and our track record of underwriting the credit of middle market businesses is unmatched. We target primary and secondary growth markets that possess favorable economic growth trends, diversified industries, growing populations, and strong employment.Our senior management team, under the guidance of David Gladstone, has over 200 years of combined experience investing in real estate and middle market businesses. Under their guidance, we’ve built a portfolio that generates predictable and durable cash rents to fund distributions to our investors. Our goal is to pay shareholders distributions on a monthly basis and to increase shareholder wealth through sound investment and property operations practices. We have never cut our distributions to shareholders – even during the Great Recession. We have a track record of success, as exhibited by a history of strong distribution yields, consistent occupancy greater than 96.0%, and 10+ years of paying continuous monthly cash distributions.
Type
Public
Status
Active
Founded
2001
HQ
McLean, VA, US | view all locations
Website
http://www.gladstonecommercial.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • David Gladstone

    David Gladstone, Chairman and Chief Executive Officer

  • Perry Finney

    Perry Finney, Senior Vice President, Asset Management

  • Paul W. Adelgren, Director

    • Gary Gerson

      Gary Gerson, Chief Financial Officer and Assistant Treasurer

    LocationsView all

    1 location detected

    • McLean, VA HQ

      United States

      1521 Westbranch Dr

    Gladstone Commercial Financials

    Summary Financials

    Revenue (Q1, 2026)
    $41.9M
    Net income (Q1, 2026)
    $7.0M
    Cash (Q1, 2026)
    $8.0M
    Enterprise value
    $711.2M

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