Gladstone Commercial Corporation operates in the Real property lessors sector. Gladstone Commercial Corporation is a real estate investment trust (REIT). The Company invests in and owns net leased industrial and commercial real estate property and makes long-term industrial and commercial mortgage loans. Most of the properties that the Company owns are leased to tenants, including small businesses and public companies. As of June 10, 2011, it owned 66 properties located in 21 states that contained approximately 6.9 million rentable square feet. It conducts all of its activities, including the ownership of all of its properties, through Gladstone Commercial Limited Partnership (Operating Partnership). It controls its Operating Partnership through its ownership of GCLP Business Trust II, a subsidiary of the Company and a business trust, which holds the sole general partnership interest in its Operating Partnership. In January 2012, the Company acquired a 52,130 square foot office building in suburban Washington, DC.