The Albany Gazette - Gladstone Commercial Announces Industrial Acquisition in Dallas/Fort Worth (D/FW) International Airport

The property is 100% leased to Three Sons Holding Inc., DBA American Meat Companies ("AMC"), a third-generation, family-owned business. AMC was founded nearly 50 years ago in 1975 and has established a strong reputation for quality and safety in the meat processing industry. AMC produces high-quality steaks, hamburger patties, pork chops, poultry items, and custom-prepared products tailored to customer needs.

This acquisition aligns with Gladstone Commercial's growth strategy of acquiring high-quality, mission critical assets leased to creditworthy tenants in robust industrial markets. The property was marketed by Jonathan Bryan of CBRE National Partners.

Comments from Gladstone Commercial's Head of South-Central Region, Todd McDonald: "We are excited to add another functional, Class A building to our portfolio. We are also proud to add a high-quality tenant to our roster with a strong commitment to the building and a long-term net lease."

Comments from Gladstone Commercial's President, Buzz Cooper: "We continue to focus on industrial assets, adhering to a disciplined acquisition process. This acquisition, involving a high-quality food processing facility, reflects our commitment to securing mission-critical assets in strong markets. This purchase demonstrates our dedication to partnering with leading tenants in competitive markets, enhancing our long-term growth strategy."

About Gladstone Commercial (Nasdaq:GOOD)

Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of December 31, 2024, Gladstone Commercial's real estate portfolio consisted of 135 properties located in 27 states, totaling approximately 16.9 million square feet. For additional information, please visit www.gladstonecommercial.com.

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Investor or Media Inquiries:

All statements contained in this press release, other than historical facts, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements involve inherent risks and uncertainties as they relate to expectations, beliefs, projections, future plans and strategies, anticipated events, or trends concerning matters that are not historical facts and may ultimately prove to be incorrect or false. Forward-looking statements include information about possible or assumed future events, including, without limitation, those relating to the discussion and analysis of Gladstone Commercial's business, financial condition, results of operations, and our strategic plans and objectives. Words such as "may," "might," "believe," "will," "anticipate," "future," "could," "growth," "plan," "intend," "expect," "should," "would," "if," "seek," "possible," "potential," "likely" and variations of these words and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these words. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those included within or contemplated by such statements, including, but not limited to, the description of risks and uncertainties in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the SEC on February 18, 2025, and certain other filings made with the SEC. Gladstone Commercial cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

For further information: Gladstone Commercial Corporation, (703) 287-5893

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstonecompanies.com.

SOURCE: Gladstone Commercial Corporation

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