Gladstone Commercial Announces New Northeast Regional Head

Rhea-AI Summary

Gladstone Commercial Corporation (Nasdaq:GOOD) has appointed EJ Wislar as the Head of its Northeast Region, expanding his role from overseeing the Southeast Region. Having joined the company in 2018, Wislar previously originated nearly $250 million in new acquisitions. This appointment aims to enhance the company's efforts in net leased real estate acquisitions and sale-leaseback investments. Gladstone Commercial operates a portfolio of 127 properties across 27 states, totaling approximately 15.7 million square feet.

Positive

• Appointment of EJ Wislar as Head of Northeast Region to enhance growth.
• EJ Wislar has a proven track record with nearly $250 million in acquisitions since joining in 2018.
• Expansion of leadership structure suggests a focus on strategic growth in key markets.

Negative

• None.

MCLEAN, VA / ACCESSWIRE / November 9, 2021 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") is pleased to announce the appointment of EJ Wislar as Head of its Northeast Region. Mr. Wislar will have responsibility for sourcing net leased real estate acquisitions and sale-leaseback investments in the Northeast and Southeast Regions, while also managing and servicing Gladstone Commercial's existing assets in the regions in coordination with his asset management teams.

Mr. Wislar joined Gladstone in 2018 and has worked on originating nearly $250 million in new acquisitions. He has led the Southeast Region since March 2021 and is expanding his role with the addition of the Northeast Region. Prior to joining Gladstone, he was a Senior Associate with Prudential Global Investment Management Real Estate Finance and was a Vice President with United Bank, where he was responsible for the commercial underwriting function. He received a B.S. in Business Administration from Washington & Lee University.

"I am thrilled to lead our growth in the Northeast and Southeast regions. It is truly a privilege to be a part of such a tremendous organization," commented EJ Wislar, Senior Vice President of Gladstone Commercial, on his expanded role.

"EJ has been an integral member of the team since 2018 and we are excited to expand his role within our senior leadership team," remarked Buzz Cooper, Chief Investment Officer of Gladstone Commercial.

Bob Cutlip, President of Gladstone Commercial, stated, "We are extremely pleased that EJ is taking on these additional responsibilities. He has considerable knowledge of our investment and operations approach and possesses significant expertise in our measured growth strategy."

About Gladstone Commercial (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. As of September 30, 2021, Gladstone Commercial's real estate portfolio consisted of 127 properties located in 27 states, totaling approximately 15.7 million square feet. For additional information please visit www.gladstonecommercial.com.

For Broker Submittals:

South Central:	Southeast/Northeast:
Buzz Cooper	EJ Wislar
Chief Investment Officer	Senior Vice President
(703) 287-5815	(703) 462-1027
Buzz.Cooper@gladstonecompanies.com	EJ.Wislar@gladstonecompanies.com
Midwest/West:
Ryan Carter
Executive Vice President
(571) 451-0019
Ryan.Carter@gladstonecompanies.com

Investor or Media Inquiries:

Bob Cutlip
President - Gladstone Commercial Corporation
(703) 287-5878
Bob.Cutlip@gladstonecompanies.com

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 Gladstone Commercial'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 captions "Forward-Looking Statements" and "Risk Factors" of Gladstone Commercial's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, as filed with the SEC on February 16, 2021 and certain other filings we make with the SEC. Gladstone Commercial cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. Gladstone Commercial undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law.

For further information: Gladstone Commercial Corporation, +1-703-287-5893

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstonecompanies.com.

SOURCE: Gladstone Commercial Corporation

View source version on accesswire.com:
https://www.accesswire.com/671942/Gladstone-Commercial-Announces-New-Northeast-Regional-Head

FAQ

What is the significance of EJ Wislar's appointment at Gladstone Commercial (GOOD)?

EJ Wislar's appointment signifies an enhanced focus on growth in the Northeast and Southeast regions, which are critical for the company's expansion strategy.

How much real estate has EJ Wislar originated while at Gladstone Commercial (GOOD)?

EJ Wislar has originated nearly $250 million in new acquisitions since joining Gladstone Commercial in 2018.

What does Gladstone Commercial (GOOD) focus on in its business operations?

Gladstone Commercial focuses on acquiring, owning, and operating net leased industrial and office properties across the United States.

How many properties does Gladstone Commercial (GOOD) own as of September 30, 2021?

As of September 30, 2021, Gladstone Commercial owns 127 properties located in 27 states.