Bridge Net Lease announced that it has acquired two off-market manufacturing and distribution assets located in Hazleton, PA, totaling 283,450 square feet. The assets, located at the intersection of. | June 1, 2023
Bridge Net Lease, a Subsidiary of Bridge Investment Group, Acquires Manufacturing Asset in California and Distribution Asset in Illinois streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Gladstone Commercial Corporation: Gladstone Commercial Provides a Business Update
MCLEAN, VA / ACCESSWIRE / February 23, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ( we or Gladstone Commercial ) is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. We are providing the following business update regarding our portfolio performance during this time of market volatility related to, among other factors, the global COVID-19 pandemic.
Approximately 98% of February cash base rents and January cash base rents have been paid and collected. The remaining 2% of cash base rents are associated with the previously agreed upon deferral agreements. All deferred amounts are to be paid back by the respective tenants during their lease term. Portfolio occupancy is in excess of 95% as of February 23, 2021. The incremental increase in vacancy from January to February is a result of our tenant at ou
Gladstone Commercial Provides a Business Update tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
Gladstone Commercial Corporation: Gladstone Commercial Provides a Business Update
MCLEAN, VA / ACCESSWIRE / January 28, 2021 / Gladstone Commercial Corporation (Nasdaq:GOOD) ( we or Gladstone Commercial ) is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. We are providing the following business update regarding our portfolio performance during the time of market volatility related to, among other factors, the global COVID-19 pandemic.
We continue to execute our growth strategy. On January 26, 2021, we announced the acquisition of a 180,152 square foot distribution building in Findlay, OH for $11.0 million. The property is 100% leased by American Plastics, a designer, manufacturer, and distributor of plastic-injection molded products for the household storage, garage storage, and commercial cleaning end-markets. The triple net lease with American Plastics has approximately 14 years rema