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An announcement from Presidio Property Trust ( (SQFT) ) is now available.
On February 7, 2025, Presidio Property Trust announced the sale of its Union Town Center and Research Parkway properties, which are multi-building retail centers in Colorado Springs, Colorado. The decision to sell was influenced by strong interest from capital markets and the location’s appeal in the growing region of north Colorado Springs. The Denver office of Jones Lang LaSalle Americas, Inc. represented Presidio in the transaction.
More about Presidio Property Trust
Presidio Property Trust, Inc. is an internally managed real estate investment trust with holdings in model home properties, office, industrial, and retail properties. Their model homes are leased to homebuilders in Arizona, Texas, and Florida, while their office, industrial, and retail properties are primarily located in Colorado, with additional properties in Maryland, North Dakota, Texas, and Southern California.
YTD Price Performance: -17.50%
Average Trading Volume: 95,977
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $9.52M
For a thorough assessment of SQFT stock, go to TipRanks’ Stock Analysis page.