Presidio Property Trust, Inc.: management transactions · United States · SEC (Form 4)

About Presidio Property Trust, Inc.

Presidio Property Trust, Inc. is a U.S.-listed real estate company trading on the NASDAQ under the symbols SQFT, SQFTP and SQFTW. For French-, Belgian- and Swiss-based investors, it can be viewed as a small-cap internally managed REIT with a diversified but relatively niche portfolio of income-producing real estate assets. The company is incorporated in Maryland and is headquartered in San Diego, California, at 4995 Murphy Canyon Road, Suite 300. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1080657/000143774924016619/0001437749-24-016619-index.html?utm_source=openai)) Its business model centers on four asset buckets: office, industrial, retail and model homes. The model-home platform is a distinctive feature of the group and is typically structured around sale-leaseback transactions with homebuilders, often under triple-net leases. Recent SEC disclosure shows that office/industrial properties account for the largest share of real estate assets, while model homes remain a meaningful contributor and retail exposure has been reduced following recent disposals. This mix makes Presidio quite different from large, plain-vanilla office or apartment REITs; it is more of a specialized income vehicle with a higher reliance on tenant quality, lease structure and asset-level execution. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001080657/000143774926010114/sqft20251231_10k.htm?utm_source=openai)) From a corporate history perspective, Presidio was originally incorporated in California in 1999 and later reincorporated in Maryland in 2010. Over time, it developed a platform for acquiring model homes nationwide through NetREIT Dubose Model Home REIT, Inc., reinforcing the company’s focus on specialized real estate rather than broad-scale property ownership. That history matters because it explains the current portfolio composition and the company’s ability to source transactions that can generate recurring rental income. ([ainvest.com](https://www.ainvest.com/news/insider-transactions-reported-presidio-property-sqft-insider-trading-activity-9-4-2025-2509/?utm_source=openai)) Geographically, Presidio’s footprint is primarily within the United States, with properties referenced in California, Colorado, Maryland, North Dakota and Texas. While that remains modest in scale compared with institutional REIT peers, it does provide some diversification across regional economic conditions. In market terms, Presidio is best described as a smaller-cap REIT with limited scale, lower trading liquidity and a profile that is more sensitive to financing conditions and cap-rate movements than larger peers. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001080657/000143774926010114/sqft20251231_10k.htm?utm_source=openai)) Recent developments are important for investors watching the name. The company completed a preferred stock offering in 2024, sold two commercial properties in February 2025, and reported a shift in asset mix toward model homes during 2025. More recently, Form 4 filings highlighted insider trading activity, including open-market sales by CEO Jack Kendrick Heilbron in 2026. For equity investors, those disclosures are worth monitoring alongside portfolio turnover, because they may signal management’s view on valuation, capital allocation and balance-sheet flexibility. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1080657/000149315224024990/form8-k.htm?utm_source=openai))