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Gladstone Commercial Announces $12.8 Million Industrial Acquisition in Pittsburgh, Pennsylvania - Press Release


Gladstone Commercial Announces $12.8 Million Industrial Acquisition in Pittsburgh, Pennsylvania
MCLEAN, VA / ACCESSWIRE / December 29, 2020 / Gladstone Commercial Corporation (NASDAQ:GOOD) ( Gladstone Commercial ) announced today that it acquired a 155,000 square foot, food-grade manufacturing building in Pittsburgh, Pennsylvania on December 21, 2020, for $12.8 million. The average capitalization rate during the duration of the lease is 7.9%.
The property is a functional, well configured, class A manufacturing and warehouse facility with 28 clear heights. The facility features a truck court with a maximum depth of 150 , six loading docks, and 196 surface parking spaces. The property is food-grade certified and provides ample area for multiple production lines and storage for raw materials and finished goods. The building is located on a 9.6-acre site within Pittsburgh s RIDC Industrial Park. ....

United States , Matt Tucker , Bob Cutlip , Brandon Flickinger , Gladstone Commercial Corporation , Securities Exchange , Trufood Mfg , Gladstone Commercial , Executive Vice President , Midwest Regions , Broker Submittals , Mountain West , Media Inquiries , Securities Act , Securities Exchange Act , Annual Report , Investor Relations , ஒன்றுபட்டது மாநிலங்களில் , மேட் டக்கர் , பாப் கட்லிப் , பிராண்டன் ப்லிக்கின்கெர் , மகிழ்ச்சியான கல் வணிகரீதியானது நிறுவனம் , பத்திரங்கள் பரிமாற்றம் , மகிழ்ச்சியான கல் வணிகரீதியானது , நிர்வாகி துணை ப்ரெஸிடெஂட் , மிட்வெஸ்ட் பகுதிகள் ,

Gladstone Commercial Corporation: Gladstone Commercial Announces $12.8 Million Industrial Acquisition in Pittsburgh, Pennsylvania


Gladstone Commercial Corporation: Gladstone Commercial Announces $12.8 Million Industrial Acquisition in Pittsburgh, Pennsylvania
MCLEAN, VA / ACCESSWIRE / December 29, 2020 / Gladstone Commercial Corporation (NASDAQ:GOOD) ( Gladstone Commercial ) announced today that it acquired a 155,000 square foot, food-grade manufacturing building in Pittsburgh, Pennsylvania on December 21, 2020, for $12.8 million. The average capitalization rate during the duration of the lease is 7.9%.
The property is a functional, well configured, class A manufacturing and warehouse facility with 28 clear heights. The facility features a truck court with a maximum depth of 150 , six loading docks, and 196 surface parking spaces. The property is food-grade certified and provides ample area for multiple production lines and storage for raw materials and finished goods. The building is located on a 9.6-acre site within Pittsburgh s RIDC Industrial Park. ....

United States , Matt Tucker , Bob Cutlip , Brandon Flickinger , Gladstone Commercial Corporation , Securities Exchange , Trufood Mfg , Gladstone Commercial , Executive Vice President , Midwest Regions , Broker Submittals , Mountain West , Media Inquiries , Securities Act , Securities Exchange Act , Annual Report , Investor Relations , ஒன்றுபட்டது மாநிலங்களில் , மேட் டக்கர் , பாப் கட்லிப் , பிராண்டன் ப்லிக்கின்கெர் , மகிழ்ச்சியான கல் வணிகரீதியானது நிறுவனம் , பத்திரங்கள் பரிமாற்றம் , மகிழ்ச்சியான கல் வணிகரீதியானது , நிர்வாகி துணை ப்ரெஸிடெஂட் , மிட்வெஸ்ட் பகுதிகள் ,