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Gladstone Commercial Corporation (NASDAQ: GOOD) has purchased a two-story, 115,200 square foot, two-tenant office building located in Allen, TX for $15.15 million. Acquisition financing was provided by Synovus Bank simultaneously with the acquisition.

"This acquisition highlights our strategic decision to expand our acquisition focus beyond single tenant properties to multi-tenant properties with a strong anchor tenant," said Buzz Cooper, Senior Managing Director of the Company.

 
    For more information on this transaction, please contact:     
   

Buzz Cooper
Senior Managing Director
(703) 287-5815

Jason Kowalski
Principal
(703) 287-5895

     
   
 
    THE GLADSTONE COMPANIES    
   

Leaders in private equity, debt and real estate ownership and financing, the Gladstone Companies are a family of public and private investment funds. Our funds as applicable, invest in commercial real estate, farmland, and small and medium-sized companies and provide financing to such businesses across the capital structure, from second lien and mezzanine debt, to equity and real estate financing solutions.

Financing for the Gladstone Companies is provided by four public investment vehicles: Gladstone Capital Corporation (NASDAQ: GLAD), Gladstone Investment Corporation (NASDAQ: GAIN), Gladstone Commercial Corporation (NASDAQ: GOOD), and Gladstone Land Corporation (NASDAQ: LAND).

 
   
 
   

 

LOS ANGELES, CA
1600 Rosecrans Avenue
Media Center, 4th Floor
Manhatthan Beach, CA
90266

WASHINGTON, DC
1521 Westbranch Drive
Suite 200
McLean, VA
22102

CHICAGO, IL
200 South Wacker Drive
31st Floor
Chicago, IL
60606

 

NEW YORK, NY
245 Park Avenue
39th Floor
New York, NY
10167

 
                                       
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1521 Westbranch Drive · Suite 200 · McLean, VA 22102
(703) 287-5800 · (703) 287-5801 fax