Gladstone Commercial Corp. is a real estate investment trust, which engages in the acquisition, managing and ownership of office and industrial properties. The company was founded by David John Gladstone on February 14, 2003 and is headquartered in McLean, VA.
Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2026
Gladstone Commercial reported Q2 operating revenue of $44.0 million, up 5.0% sequentially, with Core FFO increasing 7.7% to $18.3 million, or $0.38 per share.
The portfolio maintained 98.7% occupancy and achieved 100% cash rent collection for the quarter, reflecting stable tenant performance despite macroeconomic headwinds.
Operational activity included acquiring a fully-occupied industrial property for $22.8 million and selling a non-core asset for $12.9 million, while the board maintained the monthly dividend.