Gladstone Commercial Corporation expanded its board from seven to eight directors with the election of George “Chip” Stelljes, III, effective June 1, 2026.
Stelljes was named to the 2028 class of directors and will serve on three committees: Compensation, Ethics, Nominating & Corporate Governance, and Valuation.
The appointment returns Stelljes to the Gladstone family of companies, where he previously held senior roles from 2001 to 2013, including chief investment officer, president, and director positions at Gladstone Capital Corporation, Gladstone Investment Corporation, Gladstone Commercial Corporation, and Gladstone Management Corporation.
The company said Stelljes brings more than 25 years of experience in investment analysis, management, advisory work, private equity, and venture capital. He is currently managing partner of St. John’s Capital, LLC, and also serves as chairman of Equalize Community Development Fund and as an independent director of Oxford Square Capital Corporation.
Gladstone Commercial’s portfolio stood at 151 properties across 27 states as of March 31, 2026, totaling about 17.7 million square feet. Today the company's shares have moved 1.68% to a price of $12.74. For more information, read the company's full 8-K submission here.
