Presidio Property Trust Provides Update on Real Estate Activity in January and February 2025

SAN DIEGO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”) announced that during January and February 2024 the Company has sold 2 model homes for a total of approximately $1.04 million and two commercial properties for a total of $16.95 million. The homes were purchased in 2023 with a total acquisition price of approximately $0.9 million. The commercial properties were purchased between 2014 and 2015 for approximately $14.1 million, with a combined book value of approximately $11.6 million prior to the sale.

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