Gladstone Commercial Provides a Business Update
ACCESSWIRE
05 Aug 2021, 06:55 GMT+10
MCLEAN, VA / ACCESSWIRE / August 4, 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 99% of July cash base rents have been paid and collected. Portfolio occupancy is in excess of 96%, as of July 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.
Gladstone Commercial Corporation: Gladstone Commercial Provides a Business Update
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Gladstone Commercial Provides a Business Update
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