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$8,200,000

Third Party Purchase
Rancho Cordova, CA
 

Gladstone Commercial Corporation (NASDAQ: GOOD) purchased a 61,358 square foot creative office building located in Rancho Cordova, CA. The property is fully leased to Barco, Inc. ("Barco"). Barco is a global technology company that designs, and develops networked visualization products, including projectors, video walls, displays, image processing and presentation systems and software for a variety of selected professional markets.

"This acquisition marks our first acquisition in California and continues our strategic expansion into both primary and secondary markets in the Western U.S.," said Andrew White, Managing Director of Gladstone Commercial. "The popularity of the open ceiling, polished concrete floor, open floor plan creative office build out with technology and other creative tenants is well known. This asset has all of the above including proximity to retail, housing and major transportation corridors."

   
    For more information on this transaction, please contact:     
   

Andrew White
Managing Director
(310) 953-4960

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 100
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 100 · McLean, VA 22102
(703) 287-5800 · (703) 287-5801 fax