Gladstone Commercial Corporation demonstrated strong operational stability in Q3 2025, bolstering its industrial concentration and maintaining high occupancy levels, despite facing challenging market conditions.
- Achieved 99.1% portfolio occupancy—the highest since Q1 2019—with a weighted average lease term (WALT) of 7.5 years.
- Successfully acquired a $54.5 million industrial manufacturing portfolio, increasing industrial assets to 69% of annualized straight-line rents.
- Recorded 100% rent collection rate, with same-store lease revenues up 3.1% year-over-year.
- Increased credit facility to $600 million, enhancing financial flexibility for future acquisitions and portfolio improvements.
- FFO and core FFO for Q3 2025 were $0.35 per share, consistent with Q3 2024 despite external market pressures.
Community Discussion