Gladstone Commercial Corporation (Nasdaq:GOOD) announced on 2025‑10‑02 that it has acquired a 693,236‑square‑foot industrial portfolio spanning six locations in Michigan, Indiana, and Georgia for $54.5 million. The deal includes a 20‑year absolute net lease back to TI Group Automotive Systems, L.L.C., providing a long‑term, stable income stream for the REIT.
The acquisition expands Gladstone’s industrial footprint, adding significant square footage to a portfolio that already prioritizes high‑quality, long‑term industrial assets. By securing these properties, the company increases its industrial concentration and reinforces its strategy to shift away from office holdings toward resilient industrial assets.
The transaction is expected to enhance Gladstone’s cash‑flow profile and support its ongoing portfolio optimization. The long‑term leaseback arrangement provides predictable rental income, aligning with the REIT’s focus on stable, high‑yield industrial properties and strengthening its position in a market with growing demand for logistics and distribution space.
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