Arizona Tribune - Gladstone Commercial Announces Industrial Acquisition in Houston, TX

The property is 100% leased to CSE W-Industries, a U.S. based subsidiary of CSE Global specializing in system integration for industries such as energy, infrastructure, and electrification. Operating primarily in the Americas, CSE W-Industries designs and delivers tailored solutions, including electrical control systems, hydraulic power units, and pressure vessels for data centers and other critical applications. The acquisition is consistent with Gladstone Commercial's growth strategy of acquiring high-quality, functional assets leased to creditworthy tenants in strong industrial markets.

The Property was marketed by Wes Williams and Robert Alinger of Colliers' Houston office.

Comments from Gladstone Commercial's Head of South-Central Region, Todd McDonald: "We are excited to partner with another high-quality tenant in a long-term sale-leaseback transaction. This facility is a highly functional, crane-served, mission-critical asset for the tenant's operations and serves as a key manufacturing hub for its electrification business."

Comments from Gladstone Commercial's President, Buzz Cooper: "We remain focused on increasing our industrial concentration in line with our long-term strategy while maintaining a disciplined approach to acquisitions. This transaction reflects our commitment to acquiring high-quality mission-critical assets in strong, growing markets. This modern, highly functional facility, backed by a strong creditworthy tenant under a long-term lease, improves our industrial portfolio and supports our goal of expanding with well-located, high-performing assets. Acquiring a modern facility in a competitive market reinforces our investment strategy and ability to partner with tenants in sectors positioned for long-term growth."

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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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

View the original press release on ACCESS Newswire

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