MCLEAN, VA / ACCESSWIRE / Might 3, 2022 / Gladstone Commercial Corporation (NASDAQ:Excellent) (“Gladstone Professional”) introduced these days that it executed a five-year lease with Aveda Products and services, Inc. (“Aveda”) for 29,505 square feet inside its industrial constructing located in Blane, Minnesota. Aveda is a wholly owned subsidiary of Estee-Lauder Inc. The lease brings the 92,187 sq. foot making to 100% occupancy.
“This lease completes our repositioning of this asset. We are grateful to the KimbleCo leasing team for their attempts in bringing our home to complete occupancy with the addition of this quality tenant,” said Karen Priesman, Senior Vice President, who sales opportunities asset administration in the Midwest Location for Gladstone Commercial.
“This lease execution is further proof of Gladstone’s motivation to good quality asset management. We are happy to incorporate Aveda to our roster of higher-high-quality tenants in our portfolio,” explained Ryan Carter, Government Vice President for the Midwest and West Areas of Gladstone Business.
About Gladstone Business (NASDAQ:Very good)
Gladstone Professional Corporation is a actual estate expense have faith in concentrated on acquiring, owning and working internet leased industrial and office environment homes across the United States. As of December 31, 2021, Gladstone Commercial’s genuine estate portfolio consisted of 129 attributes situated in 27 states, totaling around 16.2 million square ft. For more facts make sure you check out www.gladstonecommercial.com.
All statements contained in this push launch, other than historic specifics, may well constitute “ahead-on the lookout statements” in the this means of Area 27A of the Securities Act of 1933, as amended, and Portion 21E of the Securities Trade Act of 1934, as amended. Phrases these types of as “anticipates,” “expects,” “intends,” “options,” “thinks,” “seeks,” “estimates” and variants of these words and identical expressions are meant to determine ahead-searching statements. Viewers really should not depend upon ahead-seeking statements for the reason that the issues they explain are issue to acknowledged and unknown threats and uncertainties that could cause the Gladstone Commercial’s organization, money affliction, liquidity, benefits of operations, money from operations or prospective customers to vary materially from all those expressed in or implied by this sort of statements. This kind of pitfalls and uncertainties are disclosed beneath the caption “Possibility Variables” of the firm’s Yearly Report on Sort 10-K for the fiscal 12 months finished December 31, 2021, as filed with the SEC on February 15, 2022 and selected other filings we make with the SEC. Gladstone Commercial cautions visitors not to spot undue reliance on any such forward-searching statements which discuss only as of the date designed. The company undertakes no obligation to publicly update or revise any forward-seeking statements, whether or not as a end result of new information, upcoming events or otherwise.
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