Mooring Financial Corporation

Gladstone Commercial is a public real estate investment company that trades on the NASDAQ under the symbol GOOD. The company invests in and owns leased industrial and commercial real property throughout the United States. It is also in the business of making selective long-term industrial and commercial mortgage loans. Gladstone s tenants and borrowers are small- and medium-sized businesses that have significant buyout fund ownership and are well capitalized, with equity constituting between 20 and 40 percent of their permanent capital. It also has tenants and borrowers with family-owned businesses that have built significant equity from paying down their mortgage loans or through the appreciation in the value of their real estate. Gladstone intends to distribute approximately 90 percent of its net investment income and capital gains through quarterly dividends.