on Gladstone Commercial Corporation (NASDAQ:GOOD)
Gladstone Commercial Corporation Executes 7-Year Lease in Taylor, Pennsylvania
MCLEAN, VA / ACCESSWIRE / June 17, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announced the execution of a 7-year, 2-month lease with Hub Group, Inc. (Nasdaq:HUBG) at its 966,753 square-foot industrial property in Taylor, Pennsylvania. The lease will commence on July 1, 2024. Gladstone Commercial acquired the property in 2014.
Hub Group, a third-party logistics provider based in Oak Brook, Illinois, offers a range of transportation and logistics services including intermodal, truckload, less-than-truckload, and more.
"We are excited to bring Hub Group into our portfolio as the full building occupant," stated Greg Yayac, Senior Vice President of Gladstone Commercial.
"This new lease demonstrates the quality of our industrial portfolio and continued tenant demand for this type of space," added Buzz Cooper, President of Gladstone Commercial.
R. P.
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