Presidio Property Trust, Inc.: directors' dealings · United States · SEC (Form 4)

About Presidio Property Trust, Inc.

Presidio Property Trust, Inc. is a U.S.-based real estate investment trust (REIT) listed on the Nasdaq market in the United States under the ticker SQFTW. For French-speaking investors, it is an internally managed REIT focused on owning and operating income-producing real estate rather than developing properties from scratch or acting as a pure financial vehicle. The company was formerly known as NetREIT, Inc. and changed its name to Presidio Property Trust, Inc. in October 2017, reflecting a clearer positioning in public markets. Its headquarters are in San Diego, California, which is consistent with a U.S. real estate platform operating across multiple states. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1080657/000143774925026786/sqft20250630_10q.htm?utm_source=openai)) Presidio’s business model is built around a diversified portfolio of commercial real estate assets. Its property mix includes office buildings, one industrial property, a small retail shopping center, and a portfolio of model homes leased back to homebuilders under leaseback arrangements. That structure gives the company multiple rental income streams while avoiding excessive concentration in a single property type. Recent SEC disclosures show that, as of year-end 2025, the company owned or had an equity interest in office/industrial properties, one retail property, and model home assets, with its footprint concentrated in the United States, notably California, Colorado, Maryland, and North Dakota. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1080657/000149315226018333/formars.pdf?utm_source=openai)) From a competitive standpoint, Presidio operates as a small-cap REIT in a demanding market where balance sheet discipline, refinancing access, and tenant retention matter materially. Its scale is modest compared with large diversified REIT peers, but that also gives it some operational flexibility. At the same time, its exposure to office assets means it must manage sector-specific pressure carefully, especially in a higher-rate environment. The model home segment adds a differentiated exposure to residential housing demand and builder relationships, while the retail and industrial properties provide some diversification. Overall, Presidio is best viewed as a niche U.S. real estate platform whose valuation and performance depend heavily on execution, financing costs, and asset-level stability. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1080657/000149315226018333/formars.pdf?utm_source=openai)) Recent company updates in 2025 suggest a focus on preservation and refinancing rather than aggressive expansion. Management reported approximately 90% lease renewals year-to-date in the second quarter of 2025, indicating reasonable occupancy and tenant stickiness. The company also completed refinancing transactions, including One Park Center in Westminster, Colorado, in September 2025 for $6.1 million over five years at 6.83%, following a similar refinancing of Genesis Plaza in August 2025. In addition, Presidio announced capital-raising actions and continued preferred dividend payments. Taken together, these developments point to a strategy centered on liquidity management, debt optimization, and portfolio stabilization, which is often typical for smaller REITs navigating volatile capital markets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1080657/000164117225024137/ex99-1.htm?utm_source=openai))