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Gladstone Commercial will redeem all 7% preferred stock on June 30
Chicago, May 27 – Gladstone Commercial Corp. will redeem all of its 7% series D redeemable preferred stock on June 30 at $25.1458333 per share, according to an 8-K filing with the Securities and Exchange Commission.
The redemption price is equal to par plus unpaid dividends of $0.1458333 per share.
Gladstone Commercial is a Mclean, Va.-based real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties.
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