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Gladstone Acquires Medical Facility for $2.8M

Building Fully Occupied on Long-Term NNN Lease Agreement
By Lindsey Carruthers
August 22, 2006 | 3:10 P.M.

Gladstone Commercial Corp. purchased the medical office facility at 1025 Birdsong Drive in Baytown, TX for $2.8 million, or about $232 per square foot, with a cap rate of 8.5%.

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News | Gladstone Acquires Medical Facility for $2.8M