Presidio Property Trust Provides Update on Real Estate Activity in January and February 2025
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Presidio Property Trust, Inc. (NASDAQ: SQFT) announced the sale of 2 model homes and 2 commercial properties in early 2025, generating approximately $18 million in total. The homes were initially purchased for $0.9 million in 2023.
February 24, 2025 | 2:00 pm
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Presidio Property Trust sold 2 model homes and 2 commercial properties for a total of $18 million in early 2025. The homes were initially purchased for $0.9 million in 2023, indicating a profitable transaction.
The sale of properties for $18 million, including homes bought for $0.9 million, suggests a profitable transaction for Presidio. This could positively impact the stock price as it reflects successful asset management and revenue generation.
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