Wednesday, December 5, 2012

Gladstone Commercial Corp. Announces Property Acquisition in Columbia, SC

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

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