MCLEAN, Va., April 05, 2016 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (NASDAQ:GOOD) (“Gladstone Commercial”) announced today that its property located at 717 East Parmer Lane in Austin, Texas has earned the U.S. Environmental Protection Agency’s (“EPA’s”) ENERGY STAR certification for 2015. This designation signifies that the building performs in the top 25 percent of similar facilities nationwide for energy efficiency and meets strict energy efficiency performance levels set by the EPA.
The property is one of 11 General Motors facilities that has earned the ENERGY STAR certification for superior energy efficiency from the U.S. Environmental Protection Agency.
“We are excited that General Motors selected this property in the high growth Parmer Corridor of Austin as part of its corporate commitment to making its global operations more energy efficient,” remarked Buzz Cooper, Senior Managing Director of Gladstone Commercial. “We look forward to working with additional tenants on similar projects aimed to increase energy efficiency and reduce costs.”
About Gladstone Commercial Corporation (NASDAQ:GOOD)
Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. Gladstone Commercial’s real estate portfolio consists of 99 properties located in 24 states, totaling approximately 11.0 million square feet. For additional information please visit www.gladstonecommercial.com.
For Broker Submittals:
|Buzz Cooper||Matt Tucker|
|Senior Managing Director||Managing Director|
|(703) 287-5815||(703) 287-5830|
|Andrew White||Brandon Flickinger|
|(310) 953-4960||(703) 287-5819|
Investor or Media Inquiries:
|President – Gladstone Commercial Corporation|
All statements contained in this press release, other than historical facts, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Readers should not rely upon forward-looking statements because the matters they describe are subject to known and unknown risks and uncertainties that could cause the Company's business, financial condition, liquidity, results of operations, funds from operations or prospects to differ materially from those expressed in or implied by such statements. Such risks and uncertainties are disclosed under the caption "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2015, as filed with the SEC on February 17, 2016. The Company cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
Source:Gladstone Commercial Corporation