Gladstone Commercial traded at $12.31 this Friday May 15th, decreasing $0.14 or 1.12 percent since the previous trading session. Looking back, over the last four weeks, Gladstone Commercial lost 1.68 percent. Over the last 12 months, its price rose by 5.21 percent. Looking ahead, we forecast Gladstone Commercial to be priced at 12.06 by the end of this quarter and at 11.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
Gladstone Commercial Corporation is a real estate investment trust (REIT). The Company is focused on acquiring, owning and managing primarily office and industrial properties. The Company conducts its activities, including the ownership of its properties, through Gladstone Commercial Limited Partnership (Operating Partnership). The Company's properties are located in various states of the United States, such as Ohio, Pennsylvania, North Carolina, Georgia, South Carolina, Michigan, Minnesota, Colorado and New Jersey. The Company's properties have tenants from various industries, such as telecommunications, healthcare, automobile, diversified/conglomerate services, Beverage, Food & Tobacco, Information Technology, diversified/conglomerate manufacturing, plastics and rubber, containers, and personal and non-durable consumer products.