Gladstone Commercial Corporation (GOOD) announced the acquisition of a 215,102 square foot, crane-served industrial manufacturing, distribution, and warehouse facility located in Harrison Township, Michigan.
This acquisition aligns with Gladstone Commercial Corporation’s strategy of acquiring mission-critical, high-quality industrial assets leased to strong credit tenants in growth markets.
Ryan Carter, Executive Vice President of the company, stated that the acquisition strengthens their existing relationship with Yanfeng.
It adds synergies across their portfolio.
Additionally, it supports their long-term strategy of acquiring functional assets with strong tenant credit and long-term upside.
