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Gladstone Commercial Acquires Industrial Facility in Houston

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Gladstone Commercial Corporation announced the acquisition of a 215,474 square foot Class A industrial manufacturing facility in Houston, Texas. This property acquisition aligns with Gladstone's strategy of obtaining high-quality assets in robust industrial markets. The facility is fully leased to CSE W-Industries, a U.S. based subsidiary of CSE Global, under a 10-year absolute NNN lease. CSE W-Industries specializes in system integration for sectors such as energy and infrastructure.

Todd McDonald, Head of Gladstone Commercial's South-Central Region, emphasized the importance of partnering with high-quality tenants in long-term transactions. President Buzz Cooper reiterated their focus on industrial concentration and their disciplined acquisition approach, noting that the modern facility enhances their portfolio and supports growth in competitive markets.

R. H.

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