Presidio Property Trust | REIT Profile

Symbol: SQFT
CIK: 1080657
Exchange: NASDAQ
Preferred Stock: SQFTP, SQFTW
Founded: 1999 (27 years)
HQ: Escondido, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Industrial, Office, Residential
Internally Managed REIT REITRating™ Score: 3.8

See SQFT on Yahoo Finance
See SQFT on SEC.gov

Presidio Property Trust was founded as NetREIT in 1999 as a contrarian real estate investor focused on out-of-the-mainstream properties, many in locations largely ignored by institutional investors. We have successfully found hidden value by acquiring properties at attractive prices resulting from unique seller circumstances, and then implementing an aggressive business plan. Presidio Property Trust's portfolio has historically been diverse in product type, consisting of office, retail, industrial, medical office, self-storage, and residential properties. We strategically pursued strong opportunities, regardless of the property type. Since 2010, the Company, through its subsidiary NetREIT Dubose Model Home REIT, Inc., has acquired model homes from homebuilders nationwide on a sale - leaseback basis, which contributes substantially to our returns. Similar to triple-net commercial property investments, these assets provide secure cashflow with all operating expenses paid by the homebuilder, which is also the tenant. Although model homes represent a relatively small portion of our asset base, the returns are very accretive to our stockholders.