GLADSTONE COMMERCIAL CORP

Gladstone Commercial Corporation (which we refer to as we, us, or the Company ) was incorporated under the General Corporation Law of the State of Maryland on February 14, 2003. We have elected to be taxed as a REIT for federal income tax purposes. We focus on acquiring, owning, and managing primarily industrial and office properties. Our shares of common stock, par value $0.001 per share, 6.625% Series E Cumulative Redeemable Preferred Stock, par value $0.001 per share ( Series E Preferred Stock ), and 6.00% Series G Cumulative Redeemable Preferred Stock, par value $0.001 per share ( Series G Preferred Stock ), trade on the Nasdaq Global Select Market ( Nasdaq ) under the trading symbols GOOD, GOODN and GOODO, respectively. Our senior common stock, par value $0.001 per share ( Senior Common Stock ) and our 6.00% Series F Cumulative Redeemable Preferred Stock, par value $0.001 per share ( Series F Preferred Stock ), are not listed or traded on any exchange or automated quotation system. Our properties are geographically diversified and our tenants cover a broad cross section of business sectors and range in size from small to very large private and public companies, many of which are corporations that do not have publicly-rated debt. We have historically entered into, and intend in the future to enter into, purchase agreements for real estate having net leases with terms of approximately seven to 20 years with built-in rental rate increases.