Strong Portfolio Performance
Gladstone Commercial Corporation maintained a portfolio occupancy rate of 98.4% as of March 31, 2025, with 100% collection of cash-based rents.
Increased Industrial Focus
The company increased its industrial concentration to 65% of annualized straight-line rent with $73.25 million in new industrial property acquisitions.
Positive Financial Metrics
Same-store rents increased by 6.6% year-over-year, with total operating revenues rising from $35.7 million in Q1 2024 to $37.5 million in Q1 2025.
Successful Capital Management
Net assets increased from $1.09 billion to $1.16 billion due to acquisitions, with a manageable debt profile and $99 million in liquidity available.