Gladstone Commercial makes suburban Denver purchase

The 124.8K square foot building in Aurora is Gladstone's (GOOD -0.2%) 2nd in Colorado and 3rd in the Western U.S., continuing a plan to expand into that area.

The property has been leased back to Barton Supply for a 15-year period. Terms were not disclosed.

Gladstone's portfolio now consists of 93 properties in 23 states totaling 10M square feet.

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