If you put in a thermostat that says 185 (the temp is stamped on the bottom side) that's all you will get. 185 is its opening and modulating temp.
If it's anything newer in the GM line, I'm pretty sure they all come with 190F (some say 187F) t-stats from the factory. I don't think you have a wrong temp from what I can tell.
I'm speculating you might have 1 or 3 different issues providing what you put in was OE equivalent.
1) defective new part that is bypassing and not sealing fully.
2) installed incorrectly allowing coolant to bypass thermostat while under pressure from the water pump. (Generally speaking this is hard to do with the newer stuff with o-ring type seals. They only fit one way correctly). Is it in the water housing with the spring side submerged and the pointed side facing the upper hose to the radiator?
3) air in the system after replacement and needs to be burped. Take cap off while cold, run to operating temp, let circulate for 5 min at temp, shut down and heat soak, top off as needed. Retest afterwards. You'll know if it's full of air or not depending on how much the level drops with the cap off and t-stat cycling.
You can also double check correct operation with an infra-red heat gun. See what the t-stat housing temp is when warmed up. You can also check the upper and lower hose temp delta to see how much heat is / isn't getting rejected through the radiator.