How people misused science during the pandemic; Riverview Park reopens; a month of Pride; big plans for Waukee's Triumph Park. Click to hear hour two of Need To Know With Jeff Angelo for Friday, June 4, 2021.
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Gladstone Commercial Corporation: Gladstone Commercial Provides a Business Update
MCLEAN, VA / ACCESSWIRE / June 3, 2021 / Gladstone Commercial Corporation (Nasdaq: GOOD) ( we or Gladstone Commercial ) is a real estate investment trust ( REIT ) 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 a time of market volatility related to, among other factors, the global COVID-19 pandemic.
Approximately 100% of May cash base rents have been paid and collected. Portfolio occupancy is in excess of 95%, as of May 31, 2021.
We remain within a small subset of U.S. equity REITs that have maintained their dividend rate and payment of distributions in tandem with this high level of rental collections during the COVID-19 pandemic.
DAMIEN O CARROLL
The Toyota Hilux retains a slim lead overall, but the Ford Ranger had a good month in April, so is closing in on it.
The vehicle shortage crisis is getting worse. Announcements are coming from multiple local distributors warning of long wait times for popular models, and it looks like there’s more to come. But, interestingly, it seems that people are coming to terms with the supply shortage. A new report from the U.S says that buyers are aware of the issues, and of the subsequent high prices. “Shoppers are expecting high prices and limited choices, and that’s exactly what they are finding,” said Vanessa Ton, a senior industry intelligence manager for analyst firm Kelley Blue Book in the US.
Gladstone Commercial Corporation Executes Lease Continuing 100% Occupancy in Indianapolis Portfolio
MCLEAN, VA / ACCESSWIRE / May 3, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ( Gladstone Commercial ) announced today that it signed a lease with Cordova Food Distributors ( Cordova ) at its 5710 W. 82
nd Street industrial property located in the Park 100 development in Northwest Indianapolis. Cordova will occupy 8,680 square feet of the property beginning on June 1st, immediately following the expiration of the current tenant s lease.
Cordova sells South and Central American food to international supermarkets, independent Latino grocery stores and Latino restaurants. The business was started in 2015 and has achieved strong growth, requiring a larger facility from which to operate.