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| Gladstone Commercial has completed a sale-leaseback of a 223,000 sq ft. industrial building in Marietta, OH with Dimex Corporation. Dimex is a low cost manufacturer of extruded plastic products sold to a variety of end-user markets throughout North America. www.dimexcorp.com |
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Rutland Plastic Technologies, Inc. |
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| Gladstone Commercial has completed a sale-leaseback of a 75,000 sq ft. industrial building in Pineville, NC with Rutland Plastic Technologies, Inc. Rutland is a producer of screen printing inks for use in the screen printed apparel industry and plastisol compounds for use in automotive filtration and other industrial applications. www.rutlandinc.com
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Sun Rich Fresh Foods, Inc. |
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| Gladstone Commercial has completed a sale/leaseback of a 42,900 sq. ft industrial building in Reading, PA with Sun Rich Fresh Foods , Inc. Sun Rich Fresh Foods is an independently owned fresh-cut fruit processing company focused almost exclusively on fruit salad. www.sun-rich.com
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| Gladstone Commercial has completed a sale/leaseback of a 252,000 sq. ft lab/office/R&D campus in Cleveland, OH with Ricerca Biosciences, LLC. Ricerca is a preclinical contract research organization servicing the North American pharmaceutical and biotechnology industries. www.ricerca.com
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| Gladstone Commercial has acquired a 74,000 sq. ft office building in Minneapolis, MN occupied by Cummins, Inc. Cummins, Inc. designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems, and engine related component products including fuel systems, controls, air handling, filtration, and emission solutions. |
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| Radiotherapy Clinics of Georgia |
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| Gladstone Commercial has acquired a 63,000 sq ft. office building in Atlanta, GA occupied by Radiotherapy Clinics of Georgia. RCOG provides radiation therapy treatment for prostate, breast, gynecological, head and neck, lung, colon, thoracic, lymphatic and other cancers treatable via radiotherapy. www.postrcision.com |
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| Chicago Office Technology Group |
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| Gladstone Commercial has acquired a 56,000 sq ft. office/industrial building in Bolingbrook, IL occupied by Chicago Office Technology Group. COTG provides office technology solutions to middle-market businesses, selling and providing primarily contract services for automated office equipment, including copiers, multi-function products, facsimile machines and printers, network integration solutions and electronic presentation systems. www.cotg.com |
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| Gladstone Commercial has acquired a 72,000 sq ft. office/warehouse building in North Syracuse, NY occupied by Gaylord Brothers, Inc. Gaylord distributes manufactured and purchased library and office supplies, equipment, archival supplies, and library furnishings under the Gaylord trade name. The Company serves public libraries, schools, colleges, and museums worldwide that are seeking professional grade products for document, photograph, or textile long-term storage. www.gaylord.com |
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Fishbeck, Thompson, Carr & Huber, Inc. |
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| Gladstone Commercial has acquired a 63,000 sq ft. office building in Grand Rapids, MI occupied by Fishbeck, Thompson, Carr and Huber, Inc. FTC&H is a professional civil engineering, environmental consulting, architectural/engineering, and construction management firm with five offices in various locations throughout Michigan and Ohio. The Company provides services to governmental, institutional, private, and industrial customers located primarily in the Great Lakes region. www.ftch.com |
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| Gladstone Commercial has completed a sale-leaseback of a 21,000 sq ft. office building in Mason, OH with Crème de la Crème. Crème de la Crème currently operates 16 early childhood learning centers throughout the U.S. The schools accept children from infancy through kindergarten, and offer after school and summer programs for children ages 6 through 12. www.cremedelacreme.com |
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| Gladstone Commercial has completed a sale-leaseback of a 102,200 sq ft. office/manufacturing building in Tewksbury, MA with ECRM, Inc. ECRM designs, manufactures, markets and services high resolution image processing machines used to transfer images from computer systems onto printing plates that are then used in printing machines in the newspaper and commercial printing industries in the U.S. and 109 other countries world-wide. www.ecrm.com |
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| Gladstone Commercial has completed a sale-leaseback of a 130,000 sq ft. industrial building in Hialeah, FL with Atlas Paper. Atlas Paper has grown to become a leading private manufacturer of economical, consistent-quality tissue paper manufactured from 100% recycled wastepaper. www.atlaspapermills.com |
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Wellman Products Group, Division of Hawk Corporation |
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| Gladstone Commercial has acquired a 235,000 sq ft. industrial building in Catoosa, OK occupied by Wellman Products Group. Wellman manufactures advanced components for friction-related assemblies such as clutches, brakes, and transmission assemblies. www.wellmanproducts.com |
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MedPlus, Inc., Division of Quest Diagnostics, Inc. |
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| Gladstone Commercial has acquired a 60,000 sq ft. office building in Mason, OH occupied by MedPlus, Inc. MedPlus is a developer and integrator of software systems, or Electronic Patient Record systems, that allow healthcare professionals the ability to better track and access their patients' information and clinical test results. www.medplus.com |
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| Gladstone Commercial has acquired a 115,000 sq ft. manufacturing building in Raleigh, NC occupied by Elster Electricity, LLC. Elster provides advanced metering infrastructure (AMI) solutions that help utility companies improve revenue cycle services, customer service, delivery reliability, and workforce utilization. They offer a portfolio of electricity metering products, communications solutions, and metering automation systems for residential, light and heavy commercial and industrial applications, and sub-metering applications. www.elsterelectricity.com |
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| Gladstone Commercial has completed a sale-leaseback of three industrial buildings: a 60,000 sq ft. building in Birmingham, AL, a 30,000 sq ft. building in Montgomery, AL and a 16,000 sq ft. building in Columbia, MO with Cummins Mid-South, LLC. CMS is an exclusive distributor of Cummins diesel engines, parts and services in west Tennessee, Arkansas, Louisiana, Mississippi, Alabama, eastern Missouri, southern Illinois, and the panhandle area of Florida. New engines are sold into the marine, power generator, and industrial OEM markets. Parts and services are sold to a broad range of
markets. www.cummins.com |
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San Jacinto Methodist Hospital |
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| Gladstone Commercial has acquired a 12,000 sq ft. medical/office building in Baytown, TX occupied by San Jacinto Methodist Hospital. The San Jacinto Methodist Hospital, a not-for-profit organization, is the primary hospital for the city of Baytown, Texas. www.methodisthealth.com |
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| Gladstone Commercial has completed a sale-leaseback of a 125,000 sq ft. industrial building in Memomonee Falls, WI with Raabe. Raabe is a manufacturer of custom matched branded touch-up paint and provider of private label aerosol and liquid paint filling services. www.raabecorp.com |
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Telex Communications, Inc. |
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| Gladstone Commercial has acquired a 114,000 sq ft. office building in Minneapolis, MN and by Telex Communications, Inc. Telex engages in the design, manufacture, and marketing of sophisticated audio and wireless communications equipment to commercial, professional, and industrial customers, and to a lesser extent, the retail consumer electronics market. www.telex.com |
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The Yankee Candle
Company, Inc. |
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| Gladstone Commercial has acquired a 150,000 sq ft. warehouse in Hadley, MA occupied by The Yankee Candle Company, Inc. The Yankee Candle Company, Inc. (NYSE: YCC) designs, manufactures, and brand markets scented candles in the giftware industry.www.yankeecandle.com |
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| Gladstone Commercial has acquired a 360,000 sq ft. office/R&D building in Roseville, MN occupied by Unisys Corporation. Unisys Corporation (NYSE: UIS) is a worldwide technology services and solutions company which is focused on consulting, systems integration, outsourcing, infrastructure, and server technology for secure business operations. The Unisys property was purchased with the Amdocs office campus from the same seller in a single transaction.www.unisys.com |
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| Gladstone Commercial has acquired a campus comprised of four office buildings containing 110,000 sq ft. located in Champaign, IL occupied by Amdocs. Amdocs (NYSE: DOX) delivers an outsourced portfolio of software and services to enable service providers to better deliver a customer experience. The Amdocs campus was purchased with the Unisys property from the same seller in a single transaction.www.amdocs.com |
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St. Vincent Mercy Medical |
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Nationwide Mutual Insurance Company |
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| Gladstone Commercial has acquired a 42,000 sq ft. office building in Richmond, VA occupied by Nationwide Insurance. The company utilizes the building as its Virginia Operations Center and property claims processing center. Nationwide (NYSE: NFS) provides a variety of financial services that help consumers invest, and offers retirement plans and services through both public- and private-sector employers. www.nationwide.com |
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| Gladstone Commercial has acquired a 347,000 sq ft. warehouse/manufacturing building in Cleveland, OH occupied by Pennzoil Quaker State. Pennzoil Quaker State is a wholly–owned subsidiary of Shell Oil Company that uses the facility for production and distribution of consumer car care products including Rain-X, Blue Coral, Black Magic, Westley's (exterior cleaning products), Slick 50 (engine treatment), Fix-a-Flat (tire inflator), Gumout (carburetor spray), Outlaw and Snap (fuel additives). www.pennzoil.com |
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Homemade Brand Foods Company, Inc. |
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| Gladstone Commercial has acquired the 71,000 sq ft headquarters and sole food processing & production facility of Homemade Brand Foods Company, Inc. in Newburyport, MA. The company was recently acquired by a private equity firm. Homemade Brand Foods Company, Inc. provides a complete line of Home Meal Replacement products, prepared salads and desserts for the retail, food service and institutional trades. The production portion of the facility is 100% USDA-certified. www.hmbf.com |
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| Gladstone Commercial has completed sale-leaseback transactions of three office/industrial buildings with Metal Spinners, Inc. totaling 154,000 sq. ft. Two buildings are in Angola, IN and one is in Rock Creek, IL. The properties include Metal Spinners, Inc. headquarters and two of its manufacturing facilities. The company is a leading independent metal-forming manufacturing company focused on metal spinning, hydroforming, deep drawing, and other specialized metal forming methods. www.metalspinners.com |
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| Gladstone Commercial has acquired a 50,000 sq. ft. office/industrial building in St. Louis, MO occupied by Workflow Management. Workflow Management was recently acquired by a private equity firm. Workflow Management is the nation’s largest vendor-neutral provider of printing and promotional products. www.workflowmanagement.com |
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| Gladstone Commercial has completed a sale/leaseback of a 180,000 sq ft. office/warehouse in Franklin, NJ with Stull Technologies, Inc., as part of a total recapitalization of the company. The building is the headquarters for Stull Technologies, Inc,, which is a leading provider of functional plastic closures for use in the consumer goods packaging industry. www.stulltech.com |
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| Gladstone Commercial has acquired a single story 30,300 sq ft. flex/office property located in Eatontown, NJ occupied by York Telecom Corporation for their headquarters. The company designs, installs, and supports videoconferencing and distance learning applications for government agencies and corporations. www.yorktel.com |
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AFL Telecommunications, LLC |
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| Gladstone Commercial has acquired a 278,000 sq ft office/industrial building in Duncan, SC occupied by AFL Telecommunications, LLC. AFL Telecommunications, LLC manufactures, engineers and installs fiber optic products and equipment that communications providers need to provide high-speed voice, video and data services to their customers. www.afltele.com |
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| Gladstone Commercial has acquired a 60,000 sq ft. office building in Dayton, OH occupied by MTC Technologies, Inc. for their headquarters. MTC is a defense contracting firm (NASDAQ: MTCT) that has occupied the building since the mid-1980’s. www.mtctechnologies.com |
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| Gladstone Commercial has acquired a 64,000 sq ft. bakery/warehouse building near Dallas, TX occupied by Sara Lee Corporation. Sara Lee Corporation (NYSE: SLE) is a global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world. www.saralee.com |
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| Gladstone Commercial has acquired a 70,000 sq ft. call center in Wichita, KS occupied by T-Mobile, USA. This is one of seven US call centers in Wichita, KS. T-Mobile International provides cellular service on both sides of the Atlantic with a single global brand name and a single digital technology standard. www.t-mobile.com |
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Corinthian Colleges, Inc. |
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| Gladstone Commercial has completed a sale-leaseback transaction for a 60,000 sq ft. office/school building in San Antonio, TX with Corinthian Colleges, Inc. Corinthian Colleges, Inc. (NASDAQ: COCO) is one of the largest for-profit, post-secondary education companies with 150 colleges and training centers throughout the U.S. and Canada. www.cci.edu |
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| Gladstone Commercial has acquired a 39,000 sq. ft. truck maintenance facility in Columbus, OH occupied by Waste Management, Inc. Waste Management (NYSE: WMI), which is the leading provider of comprehensive waste and environmental services in North America. www.wm.com |
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Graphic Enterprises, Inc. |
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Little Diversified Architectural Consulting, Inc. |
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| Gladstone Commercial has acquired a 228,000 sq ft. warehouse building in Canton, NC occupied by ComNet Consulting, Inc. ComNet Consulting, Inc. is a manufacturer of lightweight aluminum and plastic components for the heavy-duty transportation industry. They are a wholly-owned subsidiary of Amsted Industries, which is one of the world's largest transportation component manufacturers. www.comnet.com |
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Flexsys America, LP &
TLT Babcock |
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Owens Brockway Glass Container, Inc. |
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| Gladstone Commercial has completed a sale-leaseback of two industrial buildings with Owens Brockway Glass Container, Inc. (now Ownes-Illinois): a 290,000 sq ft. building in Synder Township, PA and a 154,000 sq ft. building in Lexington, NC. Ownes-Illinois Glass Container, North America (NYSE:OI) is one of the world’s leading manufacturers of plastic packaging and glass containers. www.o-i.com |
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Corinthian Colleges, Inc. |
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Workflow Management, Inc. |
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| Gladstone Commercial has acquired four industrial buildings from a single seller occupied by Workflow Management, Inc.: a 223,000 sq ft. building in Mt. Pocono, PA, a 26,000 sq ft. building in Norfolk, VA, a 43,000 sq ft. building in Montreal, Quebec, and a 100,000 sq ft. building in Granby, Quebec. Workflow Management, Inc. is a provider of print and promotional products which was recently acquired by a private equity firm. www.workflowmanagement.com |
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