MCLEAN, Va., July 12 /PRNewswire-FirstCall/ -- Gladstone Commercial Corp. (Nasdaq: GOOD) (the 'Company') announced today it has been selected to be in the Russell Microcap(TM) Index.
The newly launched Russell Microcap Index, which debuted on July 1 , is comprised of the smallest 1,000 securities in the small-cap Russell 2000(TM) Index along with the next smallest 1,000 companies, based on a ranking of all U.S. equities by market capitalization.
The index offers portfolio managers and other investors a comprehensive, unbiased barometer to compare their performance against the genuine microcap marketplace of stocks. Russell recently posted the complete index membership list at http://www.russell.com/US/Indexes.
'We are pleased with our inclusion in the Russell Microcap Index,' said
Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. Companies on the list represent more than $2.5 trillion in assets. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index.
Gladstone Commercial Corporation is a publicly traded real estate investment trust with capital resources that exceed $100 million . Gladstone Commercial Corporation has a two-fold business strategy; first, to purchase industrial and commercial properties and enter into triple net leases with established small and medium sized companies; second, to provide long term mortgage loans to businesses of the same caliber. To learn more about the real estate investment opportunities we provide, please feel free to call one of our Managing Directors at (703) 287-5800 or visit the Company website at http://www.GladstoneCommercial.com.
For further information contact our Investor Relations Manager,
This press release may include statements that may constitute 'forward- looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements with regard to the future performance of the Company. Words such as 'believes,' 'expect,' 'estimated,' 'projects' and 'future' or similar expressions are intended to identify forward-looking statements. These forward-looking statements inherently involve certain risks and uncertainties, although they are based on the Company's current plans that are believed to be reasonable as of the date of this press release. Factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward- looking statements include, among others, those factors listed under the caption 'Risk factors' of the Company's Form 10-K for the Fiscal Year Ended December 31, 2004 , as filed with the Securities and Exchange Commission on March 8, 2005 . The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Gladstone Commercial Corporation
