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Presidio Property Trust Provides Update on Model Home Activity in Q2 2025

Provided By GlobeNewswire

Last update: Jul 9, 2025

SAN DIEGO, July 09, 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 in the second quarter of 2025, through subsidiary and affiliate entities, have sold seven homes for a total of approximately $3.5 million. These homes were purchased between 2020 and 2023 with a total acquisition price of approximately $3.2 million. Additionally, we acquired 10 homes totaling approximately $5.2 million, located in Texas, Alabama and Tennessee. Model homes account for approximately 34% of our net real estate assets and approximately 24% of our rental revenue. We wholly own 68 of the 87 model homes in our portfolio as of June 30, 2025.

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