Gladstone Commercial Announces Industrial Acquisition in St. Clair, Missouri
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Gladstone Commercial Corporation has acquired a 124,500 square foot industrial facility in St. Clair, Missouri, leased to ATRO, LLC under a 20-year absolute NNN lease.
November 18, 2024 | 1:45 pm
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Gladstone Commercial Corporation has expanded its industrial real estate portfolio by acquiring a 124,500 sq ft facility in Missouri, leased to ATRO, LLC for 20 years.
The acquisition of a large industrial facility with a long-term lease to a reputable tenant like ATRO, LLC is likely to positively impact Gladstone Commercial's stock. This acquisition enhances their asset base and provides stable, long-term rental income.
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