Gladstone Commercial Corporation Overview
Pro stress-test →Gladstone Commercial Corporation (NASDAQ: GOOD) is an established real estate investment trust (REIT) focused on acquiring, owning, and operating net-leased industrial and office properties across the United States. As of June 2025, the company owned approximately 17.0 million square feet across 143 properties leased to 107 tenants, with total assets of approximately $1.2 billion.
Strategic Profile
Pro stress-test →The company strategically focuses on credit-quality tenants ranging from middle-market private businesses to investment-grade rated companies, with 51% of tenants having investment-grade or equivalent ratings. Gladstone emphasizes portfolio shift toward industrial assets to leverage demand from reshoring, e-commerce, and logistics, while maintaining high occupancy rates exceeding 95% and a 7.1-year average lease term for stability.
Competitive Landscape
Pro stress-test →Gladstone competes with other net-lease REITs including STAG Industrial, Broadstone Net Lease, Global Net Lease, and CTO Realty Growth. These competitors focus on similar industrial and office properties but with varying tenant credit profiles and portfolio compositions. Gladstone differentiates through its emphasis on tenant credit quality and its relationship with the broader Gladstone Companies ecosystem.
Industry Context
Gladstone Commercial Corporation operates in Real Estate Investment Trust (REIT) - Net Lease Industrial and Office Properties.
Key facts
Founded: 2003 · Headquarters: McLean, Virginia