Gladstone Commercial Announces Acquisition in Newport News, Virginia
Gladstone Commercial acquired a 153,890-square-foot industrial property in Newport News, Virginia, for $22.75 million. The facility is 100% leased to a subsidiary of Huntington Ingalls Industries (HII), a major shipbuilder, under a long-term net lease.
Key figures
- Deal Value Usd
- 22750000
- Property sqft
- 153890
- Total portfolio sqft
- 17700000
- Total portfolio properties
- 151
AI analysis
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