MARKET COMPOSITE
SQFT - Presidio Property Trust Inc8:00:00 PM 4/22/2024
Price
$0.98
+ 0.14 (16.86%)
Presidio is an internally managed, diversified REIT. the company has interests in approximately 120 model home properties in six states, with the majority located in Texas and Florida, which are leased back to homebuilders on a triple-net basis. Its commercial real estate portfolio consists of approximately 1.1 million square feet comprised of 15 properties: ten office properties, one industrial property and four retail properties. Its commercial portfolio is located in Southern California, Colorado, and North Dakota, and the company is currently considering new commercial property acquisitions in a variety of additional markets across the United States. Its commercial property tenant base is diversified, which helps limit its exposure to any single industry in which its tenants operate. This geographical clustering of its real estate portfolio enables us to minimize operating costs and leverage efficiencies by managing a number of properties utilizing minimal overhead and staff.
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Stock news

    SAN DIEGO, CA / ACCESSWIRE / April 8, 2024 / (NASDAQ:SQFT)(NASDAQ:SQFTP) Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed, diversified real estate investment trust ("REIT"), has announced that KLJ Engineering LLC, ...

    SAN DIEGO, April 03, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of April 2024, May 2024 and June 2024. In accordance with the terms of

    Urges Immediate Action to Refresh the Board Contends the Upcoming Annual Meeting is an Opportunity to Begin Much Needed Change at The Company ATLANTA, March 13, 2024 (GLOBE NEWSWIRE) -- Zuma Capital Management, LLC, which owns approximately 7.7% of the outstanding shares of the Series A Common Stock of Presidio Property Trust, Inc. (NASDAQ: SQFT) (“Presidio” or the “Company”), today issued a public letter to the Company’s stockholders announcing its nomination of five highly qualified, independe

    SAN DIEGO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (“Presidio” or the “Company”) (NASDAQ: SQFT; SQFTP; SQFTW), an internally managed, diversified real estate investment trust (“REIT”), today announced that it has received formal notice from the Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). As previously disclosed, the Company received a written notice

    SAN DIEGO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (“Presidio” or the “Company”) (NASDAQ: SQFT; SQFTP; SQFTW), an internally managed, diversified real estate investment trust (“REIT”), today announced that the Company has been granted an additional 180-day period from Nasdaq’s Listing Qualification Department, through June 3, 2024, to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The Company’s common sto

    Board of Directors approves cash dividend of $0.023 per shareSAN DIEGO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP, SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized a cash dividend of $0.023 per share on its Series A Common Stock for the fourth quarter of 2023. The dividend will be payable on December 26, 2023, to all stockholders of

    SAN DIEGO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has approved a share repurchase plan authorizing the Company to repurchase up to $6 million of its outstanding shares of Series A Common Stock and up to $4 million of its outstanding shares of Series D Preferred Stock. Under the share repurchase p

    SAN DIEGO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (Nasdaq: SQFT, SQFTP, SQFTW) (the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today reported earnings for its quarter ended September 30, 2023. Quarter Ended September 30, 2023, Financial Results Net income attributable to the Company’s common stockholders for the three months ended September 30, 2023 was approximately $20.96 million, or $1.77 per basic and diluted share, compared

    Presidio’s sponsored SPAC completed its previously announced business combination with Conduit Pharmaceuticals, Inc.Conduit now trades on the Nasdaq under ticker symbol “CDT” for its common stock on the Global Market and ticker symbol “CDTTW” for its warrants on the Capital Market SAN DIEGO, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc., (NASDAQ: SQFT; SQFTP; SQFTW) (“Presidio” or the “Company”), today announced the successful merger with and commencement of trading of Conduit

    Board of Directors approves cash dividend of $0.023 per shareSAN DIEGO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized a cash dividend of $0.023 per share on its Series A Common Stock for the third quarter of 2023. The dividend will be payable on October 11, 2023, to all stockholders of record a