Gladstone Commercial Corporation expanded its board from seven to eight directors with the election of George “Chip” Stelljes, III, effective June 1, 2026. Stelljes will serve on three board committees: Compensation, Ethics, Nominating & Corporate Governance, and Valuation.
The company said Stelljes was elected to the 2028 class of directors. He brings more than 25 years of experience in investment analysis, management and advisory roles.
Stelljes previously held senior roles at Gladstone companies 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. Before that, he spent 23 years in private equity and venture capital roles at Patriot Capital, Camden Partners, Columbia Capital and Allied Capital.
Gladstone Commercial said its real estate portfolio stood at 151 properties across 27 states as of March 31, 2026, totaling about 17.7 million square feet. The market has reacted to these announcements by moving the company's shares -0.83% to a price of $12.505. Check out the company's full 8-K submission here.
