Seeking Alpha

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.
  • Source: Press Release
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