Gladstone Commercial Corporation has reported its financial results for the first quarter ending March 31, 2025. The company recorded total operating revenue of $37.501 million, reflecting a slight increase of $126,000 or 0.3% compared to the previous quarter's revenue of $37.375 million. The total operating expenses decreased by $1.116 million or 4.5%, from $24.974 million in the previous quarter to $23.858 million in the current quarter. The company highlighted significant business updates including the repayment of $7.2 million in variable rate mortgage debt and the declaration of monthly cash distributions for April, May, and June 2025, totaling $0.30 per share on common stock and Non-controlling OP Units. Additionally, distributions were declared for various series of preferred stock, including $0.414063 per share on Series E, $0.375 per share on Series F, and $0.375 per share on Series G. The senior common stock distribution was declared at $0.2625 per share. Buzz Cooper, President of Gladstone Commercial, commented that the financial results reflect consistent performance and stabilized revenues, attributed to strong property occupancy, rent collection, and growth. The company continues to focus on investing in target markets, particularly industrial properties, while actively managing its portfolio through a capital recycling program.