Gladstone Commercial Acquires Industrial Facility in Missouri

Gladstone Commercial Corporation announced the acquisition of a 124,500 square foot industrial facility in St. Clair, Missouri. The property is leased under a 20-year absolute NNN lease to ATRO, LLC, a leader in high-performance polyurethane truck parts manufacturing. This acquisition aligns with Gladstone's strategy to expand its industrial portfolio.

Ryan Carter, Executive Vice President, highlighted the acquisition of this mission-critical asset as a significant value addition, supporting the company's long-term growth plans. Buzz Cooper, President of Gladstone, added that the acquisition enhances Gladstone's position in a key market and diversifies their holdings by securing a strong, creditworthy tenant.