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Gladstone Commercial closes $15.45M purchase of Phila-area property

  • The 60K square foot, Class A, single-tenant office building is located in Conshohocken, PA. It's leased for the next 8.5 years to Jacobs Engineering Group. Gladstone (NASDAQ:GOOD) assumed the existing 3.55% fixed-rate mortgage on the property.
  • It's Gladstone's first Conshy purchase.

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Gladstone Commercial Corporation