From GlobeNewswire: 2024-06-24 16:15:00

Presidio Property Trust announced the closing of its public offering of 109,054 shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock par value $0.01 per share, raising approximately $1.74 million. The Benchmark Company, LLC served as the sole bookrunning manager for the offering. The offering was filed with the SEC on April 26, 2024, and declared effective on May 17, 2024.

Presidio Property Trust is a diversified REIT with holdings in model home, office, industrial, and retail properties. The company’s properties are located in several states, with model homes leased to homebuilders and other properties located primarily in Colorado. Presidio also owns around 6.5% of Conduit Pharmaceuticals Inc. For more information, visit https://www.PresidioPT.com.



Read more at GlobeNewswire: Presidio Property Trust Announces Closing of $1.74 Million