MCLEAN, VA /PRNewswire/ -- Gladstone Commercial Corporation
(NASDAQ: GOOD) (the "Company") reported it purchased a 146,483 square
foot office building located in Columbia, South Carolina for $29.2
million. The building is currently
leased to Verizon Wireless.
"We are excited to add to our portfolio this Class A
office building that serves as a primary operations center for this well
positioned credit tenant," said Buzz Cooper, the Managing Director
responsible for the transaction.
Gladstone Commercial Corporation is a real estate investment
trust ("REIT") that invests in and owns net leased industrial,
commercial and retail real property and selectively makes long-term industrial
and commercial mortgage loans.
The Company currently owns 80 properties. Including payments through October 2012, the
Company has paid 94 consecutive monthly cash distributions on its common stock.
Prior to paying distributions on a monthly basis, the
Company paid five consecutive quarterly cash distributions. Additional information can be found at.
For a complete copy of the company’s news release, please
contact:
Gladstone Commercial
Corporation
+1-703-287-5893
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