Gladstone Commercial Corporation Announces Sale of Property in Sterling Heights, MI

Gladstone Commercial Corporation reported today that it sold its 540,000-square-foot industrial property located in Sterling Heights, Mich. for $11.4 million, representing a gain on sale of about $1.2 million. “This was a good opportunity for us to sell a non-core asset at a price that was beneficial to shareholders,” said Jason Kowalski, Senior Asset Manager…