Gladstone Commercial reported 3Q26 revenue of $42.4M and FFO per share of $0.35, with occupancy increasing to 99.3% as continued leasing activity supported internal growth. During the quarter, GOOD leased or renewed approximately 503,000 square feet, adding roughly $2.5M of annual straight-line rent, while post-quarter leasing contributed an additional $2.9M of annualized rent. Industrial assets represented 69% of annualized straight-line rent, and the Company continued to pursue selective acquisitions despite a wider bid-ask spread across the market. Looking ahead, the upcoming GM vacancy in Austin, associated leasing and capital requirements, and 2027 refinancing activity remain the primary near-term earnings considerations, while continued rent capture and incremental industrial investment should support longer-term portfolio growth.