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NOVI, MICH. — Gladstone Commercial Corp. has purchased a 156,200-square-foot industrial building in Novi, located about 30 miles northwest of Detroit, for $7.3 million. The property is fully leased to Eberspaecher North America Inc. through April 2024. Eberspaecher is a manufacturer of exhaust systems for automotive and commercial vehicles. Gladstone Commercial's real estate portfolio now consists of 87 properties located in 22 states, totaling approximately 9.3 million square feet.