MCLEAN, Va., Sept. 26, 2016 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (NASDAQ:GOOD) (“Gladstone Commercial”) appear today that it has accomplished a new charter accretion 20,719 aboveboard anxiety on ahead abandoned amplitude at its 55,480 aboveboard bottom automated acreage amid in Bolingbrook, Illinois. The new charter expires in aboriginal 2024 and brings the property’s control to 100% with no charter rollover until April 2022.
The addressee operates and franchises businesses affianced in charwoman carpets, upholstery, and blast air ducts and in accouterment baptize acknowledgment and apology casework for businesses throughout the United States. Brandon Flickinger (Director, Absolute Estate, of Gladstone Commercial) commented, “We accept busy 34,535 sf over the accomplished four months at this property, absorption able transaction acceleration in this Chicago submarket.”
“I am appreciative of our team’s acknowledged leasing efforts in 2016,” remarked Bob Cutlip, President of Gladstone Commercial. “Fully leasing this architecture will access our aforementioned abundance acquirement while abbreviation our acreage operating costs which will absolutely appulse our returns.”
About Gladstone Commercial Corporation (NASDAQ:GOOD)
Gladstone Commercial is a absolute acreage advance assurance focused on acquiring, owning and operating net busy automated and appointment backdrop beyond the United States. Gladstone Commercial’s absolute acreage portfolio consists of 97 backdrop amid in 24 states, accretion about 11.0 actor aboveboard feet. For added advice amuse appointment www.gladstonecommercial.com.
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All statements independent in this columnist release, added than actual facts, may aggregate “forward-looking statements” aural the acceptation 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 agnate expressions are advised to analyze advanced statements. Readers should not await aloft advanced statements because the affairs they call are accountable to accepted and alien risks and uncertainties that could account the Company’s business, banking condition, liquidity, after-effects of operations, funds from operations or affairs to alter materially from those bidding in or adumbrated by such statements. Such risks and uncertainties are appear beneath the explanation “Risk Factors” of the Company’s Annual Report on Form 10-K for the budgetary year ended December 31, 2015, as filed with the SEC on February 17, 2016. The Company cautions readers not to abode disproportionate assurance on any such advanced statements which allege alone as of the date made. The Company undertakes no obligation to about amend or alter any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise.
For Investor Relations inquiries accompanying to any of the account allotment advantageous Gladstone funds, amuse appointment www.gladstone.com.
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