Gladstone Commercial buys Newport News industrial property for $22.75 million

Gladstone Commercial Corporation

Gladstone Commercial Corporation

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  • Gladstone Commercial acquired a 153,890-square-foot industrial property in Newport News, Virginia for USD 22.75 million.
  • The facility is 100% leased to a Huntington Ingalls Industries subsidiary on a long-term net lease.
  • The purchase was funded with internally generated cash flow, avoiding an equity issuance.
  • Gladstone Commercial flagged remaining capacity from cash on hand, its credit line for additional industrial acquisitions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gladstone Commercial Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605210830ACCESSWRNAPR_____1168966) on May 21, 2026, and is solely responsible for the information contained therein.

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