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Gladstone Commercial has executed a 10 year lease for its office and R&D property in New Albany, Ohio.
The agreement signals continued tenant demand for well-located office and research properties despite ongoing changes in the U.S. commercial real estate sector. The long-term lease highlights Gladstone Commercial’s ongoing investment activity and commitment to stable occupancy in its portfolio.
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Gladstone Commercial has taken other steps to build its property portfolio in recent months. The company signed a definitive deal to acquire Extrude Hone LLC, seeking to expand its industrial investment holdings. That transaction followed earlier investment activity targeting industrial and office assets.