Gladstone Commercial Corporation (GOOD) - NASDAQ
  • Mon, Jul. 25, 4:36 PM
    • Q2 core FFO of $9.269M or $0.39 per share vs. $9.076M and $0.39 in Q1.
    • Operating revenue lower by 1.3% for the quarter; expenses up 1.3%.
    • Properties owned flat at 99. Square feet owned up 0.4% to 11M (one property was purchased, and another sold during Q). 98.5% of square feet leased, up 100 basis points on the quarter.
    • Conference call at 8:30 ET
    • Previously: Gladstone Commercial FFO in-line, beats on revenue (July 25)
    • GOOD flat after hours
    | Mon, Jul. 25, 4:36 PM
  • Mon, Jul. 25, 4:15 PM
    • Gladstone Commercial (NASDAQ:GOOD): Q2 FFO of $0.39 in-line.
    • Revenue of $21.25M (+2.7% Y/Y) beats by $0.15M.
    • Press Release
    | Mon, Jul. 25, 4:15 PM
  • Tue, Jul. 12, 4:58 PM
    • Gladstone Commercial (NASDAQ:GOOD) declares $0.125/share monthly dividend, in line with previous.
    • Forward yield 8.58%
    • Payable Aug. 2; for shareholders of record July 22; ex-div July 20.
    • Payable Aug. 31; for shareholders of record Aug. 22; ex-div Aug. 18.
    • Payable Sept. 30; for shareholders of record Sept. 21; ex-div Sept. 19.
    | Tue, Jul. 12, 4:58 PM | 2 Comments
  • Wed, Jun. 15, 4:10 PM
    • The leases total 67K square feet of previously vacant space and bring GOOD's portfolio occupancy up to 98.5%.
    • The portfolio consists of 99 properties in 24 states totaling 11.1M square feet.
    | Wed, Jun. 15, 4:10 PM | 5 Comments
  • Wed, Jun. 1, 8:24 AM
    • The three-story 107K square-foot single-tenant office building in Taylorsville, UT was purchased for $17M, or an average cap rate of 8.4%.
    • The property is triple-net leased to Convergys Customer Management Group.
    • It's Gladstone's (NASDAQ:GOOD) second Salt Lake City purchase and sixth in the West.
    • Source: Press Release
    | Wed, Jun. 1, 8:24 AM | 2 Comments
  • Wed, Apr. 27, 4:32 PM
    • Gladstone Commercial (NASDAQ:GOOD): Q1 FFO of $0.39 in-line.
    • Revenue of $21.53M (+8.3% Y/Y) beats by $0.09M.
    • Press Release
    | Wed, Apr. 27, 4:32 PM | 3 Comments
  • Tue, Apr. 12, 5:14 PM
    • Gladstone Commercial (NASDAQ:GOOD) declares $0.125/share monthly dividend, in line with previous.
    • Forward yield 9.07%
    • Payable May 2; for shareholders of record April 22; ex-div April 20.
    • Payable May 31; for shareholders of record May 19; ex-div May 17.
    • Payable June 30; for shareholders of record June 17; ex-div June 15.
    | Tue, Apr. 12, 5:14 PM | 1 Comment
  • Wed, Feb. 17, 4:30 PM
    • Q4 core FFO of $8.9M or $0.39 per share vs. $8.38M and $0.38 in Q3. Quarterly dividend is $0.375. Full-year core FFO per share of $1.53 vs. $1.55 in 2014.
    • Property portfolio is 99 down from 101 in Q3. Square feet owned is 11M, with 97.4% leased down 50 basis points.
    • Previously: Gladstone Commercial FFO in-line, beats on revenue (Feb. 17)
    • Conference call tomorrow at 11:30 ET
    • GOOD flat after hours
    | Wed, Feb. 17, 4:30 PM | 7 Comments
  • Wed, Feb. 17, 4:22 PM
    • Gladstone Commercial (NASDAQ:GOOD): Q4 FFO of $0.39 in-line.
    • Revenue of $21.82M (+13.5% Y/Y) beats by $0.46M.
    • Press Release
    | Wed, Feb. 17, 4:22 PM | 2 Comments
  • Mon, Feb. 1, 4:35 PM
    • The company chose not to exercise its option to purchase the facility following development of the 81K square-foot transitional care facility.
    • With the exit fee, Gladstone (NASDAQ:GOOD) earned an IRR of 22% on its $5.9M investment.
    • This was the first in Gladstone's new program to partner with developers on build-to-suit projects.
    | Mon, Feb. 1, 4:35 PM | 1 Comment
  • Mon, Jan. 4, 4:29 PM
    • The 280K square-foot lease is for Gladstone's (NASDAQ:GOOD) 347K square-foot Maple Heights, OH industrial warehouse property.
    • The tenant currently subleases space in the building and has chosen to remain through the end of 2018.
    | Mon, Jan. 4, 4:29 PM | 4 Comments
  • Dec. 7, 2015, 4:26 PM
    • Gross proceeds from the three sales are $6.9M, and include buildings in Birmingham, AL, Columbia, MO, and Columbus, OH. The company will book a $1.5M gain on the sales.
    | Dec. 7, 2015, 4:26 PM
  • Nov. 23, 2015, 4:35 PM
    • Completing the refinancing of $18.6M of mortgage debt set to expire this year and early next, Gladstone Commercial (NASDAQ:GOOD) has now refinanced $48.9M year-to-date at a new weighted-average interest rate of 2.57% Prior to the refi deals, the rate had been 5.45%.
    • The combined refinancings will cut the company's annual debt service by $1.8M.
    | Nov. 23, 2015, 4:35 PM | 4 Comments
  • Nov. 13, 2015, 8:16 AM
    • The two leases had been set to expire next year.
    • The first is a 12-year extension with Valspar Specialty Paints for all 125.7K square feet at GOOD's industrial property in a large park in a Milwaukee suburb. In addition to the extension, the lease adds Valspar, the corporate parent, as a guarantor.
    • The other is a five-year extension with John Bean Technologies for all 67.2K square feet at the company's property in a business park in Chalfont, PA.
    | Nov. 13, 2015, 8:16 AM | 1 Comment
  • Oct. 29, 2015, 10:40 AM
    • The tenant is AFL Telecommunications, and the extension through 2028 is at GOOD's Duncan, SC office and industrial campus, and comes with an increase to the existing straight-line rent.
    • This deal brings leasing volume year-to-date to more than 547K square feet, with portfolio occupancy of 97.9%
    | Oct. 29, 2015, 10:40 AM
  • Oct. 28, 2015, 10:01 AM
    • Q3 core FFO of $8.384M or $0.38 per share vs. $8.349M and $0.39 a quarter earlier. Distribution was $0.375 per share. Share count of 22.232M up from 21.664M.
    • Properties owned climbs to 101 from 100, with square feet owned to 11.065M from 10.986M. Square feet leased of 97.9% is flat. One more property has been purchased since the quarter ended, adding 90.6K square feet.
    • Previously: Gladstone Commercial misses by $0.01, beats on revenue (Oct. 27)
    • GOOD +0.4%
    | Oct. 28, 2015, 10:01 AM
Company Description
Gladstone Commercial Corp. is a real estate investment trust that invests in and owns net leased industrial, commercial and retail real property and selectively makes long-term industrial and commercial mortgage loans. Its portfolio consists primarily of single-tenant commercial and industrial... More
Sector: Financial
Industry: Property Management
Country: United States