Gladstone Acquires Property in Vineland, Bridgeton
On August 5, Gladstone Commercial Corporation (Nasdaq:GOOD) acquired a 246,000-square-foot, two-property, industrial portfolio, with locations in Vineland and Bridgeton for a gross purchase price of $32.5 million at a GAAP capitalization rate of 7.2 percent. The portfolio, acquired in a sale/leaseback transaction, is 100 percent leased to Garden State Bulb Company and its affiliates, with […]
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