{"id":1004431468,"date":"2020-05-07T01:27:55","date_gmt":"2020-05-07T09:27:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004431468"},"modified":"2020-05-07T01:27:55","modified_gmt":"2020-05-07T09:27:55","slug":"gladstone-inks-full-building-raleigh-lease-renewal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/","title":{"rendered":"Gladstone Inks Full-Building Raleigh Lease Renewal"},"content":{"rendered":"<div id=\"attachment_1004431516\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004431516\" data-attachment-id=\"1004431516\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/gladstone-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone XR&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1556287690&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;4.25&quot;,&quot;iso&quot;:&quot;25&quot;,&quot;shutter_speed&quot;:&quot;0.00029403116730373&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Gladstone\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;201 S Rogers Lane. Image courtesy of Gladstone&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg?w=800\" class=\"wp-image-1004431516 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004431516\" class=\"wp-caption-text\">201 S. Rogers Lane. <em>Image courtesy of Gladstone<\/em><\/p><\/div>\n<p>Gladstone Commercial Corp. has signed a lease renewal with tenant Elster Solutions, a subsidiary of Honeywell International Inc., for a 58,926-square-foot office building in Raleigh, N.C. Elster Solutions, a provider of gas, electricity and water meters, will continue to fully occupy the property at 208 S. Rogers Lane.&nbsp;<\/p>\n<p>Alongside the office deal, Gladstone and Elster agreed to a 22,198-square-foot lease extension at an adjacent manufacturing facility. The property is located at 201 S. Roger Lane, and its remaining space is leased to another tenant through 2027.<\/p>\n<p>Gladstone paid $5.8 million for the office building in 2003, according to Yardi Matrix, and acquired the manufacturing facility in 2007. Elster has been a long-term tenant at both properties: The firm has occupied the office structure since its completion in 1997.<\/p>\n<p>In March, Gladstone <a href=\"https:\/\/www.commercialsearch.com\/news\/gladstone-acquires-industrial-property-for-30m\/\">acquired a newly built distribution center<\/a>&nbsp;for more than $30 million in Crandall, Ga. The 504,000-square-foot property is fully occupied by GE Appliances.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In addition to the nearly 60,000-square-foot renewal, Elster Solutions will continue to occupy space in one of the landlord&#8217;s other nearby properties.<\/p>\n","protected":false},"author":1202,"featured_media":1004431516,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21742,21747,1604],"tags":[36464,35205],"class_list":["post-1004431468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-latest","category-office","category-raleigh-durham","tag-gladstone-commercial-corporation","tag-honeywell-pmt"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gladstone Inks Full-Building Raleigh Lease Renewal - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gladstone Inks Full-Building Raleigh Lease Renewal\" \/>\n<meta property=\"og:description\" content=\"In addition to the nearly 60,000-square-foot renewal, Elster Solutions will continue to occupy space in one of the landlord&#039;s other nearby properties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-07T09:27:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nicole Garcia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/\",\"name\":\"Gladstone Inks Full-Building Raleigh Lease Renewal - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg\",\"datePublished\":\"2020-05-07T09:27:55+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d7e5bfd7e02b38f742fc2e97f1ffe66d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gladstone-inks-full-building-raleigh-lease-renewal\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Gladstone.jpg\",\"width\":800,\"height\":620,\"caption\":\"201 S Rogers Lane. 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