Gladstone Commercial Announces Fourth Quarter and Year End Earnings Release and Conference Call Dates

MCLEAN, Va., Jan. 27, 2010 (GLOBE NEWSWIRE) -- Gladstone Commercial Corp. (Nasdaq:GOOD) (the "Company") announced today that it plans to report earnings after the market closes on Wednesday, February 24, 2010 for the fourth quarter and year ended December 31, 2009. The Company will hold a conference call Thursday, February 25, 2010 at 8:30 am ET to discuss its earnings results. Please call (877) 407-8031 to enter the conference call. An operator will monitor the call and set a queue for questions.

The conference call replay will be available two hours after the call and will be available through March 25, 2010. To hear the replay, please dial (877) 660-6853, access playback account 286 and use ID code 342047.

The live audio broadcast of Gladstone Commercial's conference call can also be heard online at www.GladstoneCommercial.com and www.investorcalendar.com. The event will be archived and available for replay on the Company's website through May 25, 2010.

If you have questions following the earnings release you may e-mail them to info@gladstonecompanies.com. If we receive your questions prior to the conference call, we will then address your questions during the call.

Gladstone Commercial Corporation is a publicly traded real estate investment trust that focuses on investing in and owning triple-net leased industrial and commercial real estate properties and selectively making long-term mortgage loans. Additional information can be found at www.GladstoneCommercial.com.

CONTACT:  Gladstone Commercial Corporation
          Investor Relations
          703-287-5839

Released January 27, 2010