Gladstone Commercial Q1 net income rises 35.7% to USD 6.97 million; revenue rises 11.8% to USD 41.91 million

• Gladstone Commercial quarterly net income rose 35.7% to USD 6.97 million, as lease revenue increased 11.8% to USD 41.91 million.
• Funds from operations available to common stockholders and non-controlling OP unitholders climbed 11.1% to USD 16.85 million, while interest expense increased 25.3% to USD 11.45 million.
• Gain on sale of real estate turned positive at USD 1.78 million following sale of a portion of a land parcel in Ocala, Florida.
• Portfolio occupancy was 98.7% as of May 5, 2026, with 151 properties totaling 17.7 million square feet across 27 states and an average remaining lease term of 7.2 years.
• Board appointed Arthur “Buzz” Cooper as chief executive officer effective March 20, 2026, while available liquidity totaled USD 83.3 million at March 31, 2026 including USD 8 million of cash.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gladstone Commercial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001234006-26-000012), on May 05, 2026, and is solely responsible for the information contained therein.