Presidio Property Trust Announces Pricing of Its Upsized Public Offering of Preferred Stock

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Jun 11, 2021

SAN DIEGO, CA / ACCESSWIRE / June 10, 2021 / (NASDAQ:SQFT) Presidio Property Trust, an internally managed, diversified real estate investment trust ("REIT"), today announced the pricing of its public offering of 800,000 shares of its Series D Cumulative Redeemable Perpetual Preferred Stock (the "Series D Preferred Stock") at a price to the public of $25.00 per share. Gross proceeds from the offering are expected to be approximately $20.0 million, before deducting offering expenses.