We represented Gladstone Commercial Corporation in its follow-on public offering of 1,478,000 shares of common stock, providing net proceeds of $26 million. Underwriters included Janney Montgomery Scott LLC (sole book-running manager); Oppenheimer & Co. Inc. (joint lead manager); J.J.B. Hilliard; W.L. Lyons, LLC; Wunderlich Securities, Inc.; Ladenburg Thalmann & Co. Inc.; and National Securities Corporation (co-managers).
Gladstone Commercial Corporation (NASDAQ: GOOD) is a real estate investment trust, that invests in and owns net leased industrial, commercial and retail real property and selectively makes long-term industrial and commercial mortgage loans.