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$13,300,000

Third Party Purchase
New Albany, OH

Gladstone Commercial has purchased a 89,000  square foot building in New Albany, OH, occupied by CV Management Corporation, a wholly-owned subsidiary of Commercial Vehicle Group, Inc. ("CVGI") which guarantees the lease. The property serves as CVGI's headquarters and primary research and development facility.

CVGI is a leading global supplier of fully integrated interiors system solutions for the global commercial vehicle market, including the heavy-duty (Class 8) truck market, the construction, military, bus and agriculture markets and the specialty transportation market. CVGI's products include static and suspension seat systems, electronic wire harness assemblies, control and switches, cab structures and components, interior trim systems, and mirrors and wiper systems, all of which are specifically designed for applications in commercial vehicles.

"We are excited to add the headquarters facility of CVGI, a strong publicly traded company, to our portfolio," said Matt Tucker, Director of our investment adviser responsible for the transaction.  

   
    For more information on this transaction, please contact:     
   

Matt Tucker
Director
(703) 287-5830

Brandon Flickinger
Associate
(703) 287-5819

     
   
 
    THE GLADSTONE COMPANIES    
   

Leaders in private equity, debt and real estate financing, are a family of public and private investment funds. Our funds invest in small and medium-sized companies and provide businesses the capital to fund growth, acquisitions and recapitalizations. Gladstone provides financing 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 three public investment vehicles. Gladstone Capital Corporation (NASDAQ: GLAD), Gladstone Investment Corporation (NASDAQ: GAIN), and Gladstone Commercial Corporation (NASDAQ: GOOD).

 
   
 
   

 

LOS ANGELES, CA
400 Continental Boulevard
Suite 600
El Segundo, CA 90245

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
24th Floor
New York, NY 10167

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