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Gladstone Commercial Has Acquired A 124,500 Square Foot Industrial Manufacturing, Distribution, And Warehouse Facility In St. Clair, Missouri; No Financial Terms Disclosed

Benzinga Newsdesk 1 year ago

M&A

Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") has acquired a 124,500 square foot industrial manufacturing, distribution, and warehouse facility in St. Clair, Missouri.Gladstone Commercial

Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") has acquired a 124,500 square foot industrial manufacturing, distribution, and warehouse facility in St. Clair, Missouri.

Gladstone Commercial acquired the property subject to a 20-year absolute NNN lease to ATRO, LLC, a leader in manufacturing durable and high-performance heavy-duty polyurethane truck parts that extend the lifespan of truck components and reduce the total cost of ownership for fleet operators.

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