2023-06-07 17:07:05 ET
- Gladstone Commercial ( NASDAQ: GOOD ) has executed an 11-year, 1-month lease with Moss & Associates, a construction management firm, for its entire 119,224-square-foot office building in Fort Lauderdale, FL, starting on June 1, 2023, the REIT said Wednesday.
- Moss had been subleasing ~40% of the building and had previously executed a five-year, four-month deal beyond the sublease for that space.
- Earlier on Wednesday at Nareit's REITweek conference, Gladstone Commercial ( GOOD ) management said it will continue to increase its industrial base as office assets have continued to pressure its portfolio.
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Gladstone Commercial leases Fort Lauderdale building to Moss & Associates