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+3.00%
Close of 9 Nov 2026, in USD
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About Presidio Property Trust
From its filings with the US Securities and Exchange Commission
Presidio Property Trust is based in San Diego, California and is incorporated in Maryland. Its shares trade on Nasdaq under the ticker SQFT. The SEC classifies its business as real estate investment trusts. In the fiscal year to 31 December 2025, it reported revenue of $16.8m and a net loss of $8.3m. At that date it held total assets of $122.1m and shareholders' equity of $16.8m.
Presidio Property Trust, Inc. (“we”, “our”, “us” or the “Company”) is an internally-managed real estate investment trust (“REIT”). We were incorporated in the State of California on September 28, 1999, and in August 2010, we reincorporated as a Maryland corporation. In October 2017, we changed our name from “NetREIT, Inc.” to “Presidio Property Trust, Inc.” We are a publicly traded company on Nasdaq, and registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Through the Company, its subsidiaries and its partnerships, we own 10 commercial properties in fee interest and have partial interests in two commercial properties through our interests in various affiliates in which we serve as general partner, member and/or manager. Each of the limited partnerships is referred to as a “DownREIT.” In each DownREIT, we have the right, through put and call options, to require our co-investors to exchange their interests for shares of our Series A Common Stock, or our common stock, at a stated price after a defined period (generally five years from the date they first invested in the entity’s real property), the occurrence of a specified event or a combination thereof. The Company is a limited partner in five partnerships and sole shareholder in one corporation, which entities purchase and lease model homes to and from homebuilders.
Quoted from its 10-K, filed 27 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Real Estate
- Industry
- Equity Real Estate Investment Trusts (REITs)
- Listed since
- 6 Oct 2020
- Employees
- 23
- Website
- presidiopt.com ↗
- Head office
- 4995 MURPHY CANYON ROAD, SAN DIEGO, CA, 92123
- Incorporated in
- MD
- Classification
- Real Estate Investment Trusts
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Jack HeilbronChairman of the Board, President, Chief Executive Officer$747,030
- Mr. Edwin BentzenChief Financial Officer$477,586
- Mr. Steven HightowerPresident - Model Home Division, Director, since 2021$329,744
- Mr. Gary KatzChief Investment Officer$746,382
- Mr. James DurfeyLead Independent Director$65,104
- Ms. Jennifer BarnesIndependent Director$65,104
- Ms. Tracie HagerIndependent Director$65,104
- Ms. Elena PiliptchakIndependent Director$30,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Self-managed real estate investment trust with a diverse multi-tenant portfolio.
- Headquartered in San Diego with 23 full-time employees.
- IPO occurred on 2020-10-06.
Weaknesses
- Limited employee count of 23 full-time employees.
- Portfolio concentrated in specific regions including Southern California, Colorado, and North Dakota.
- Reliance on a single business model for model home properties leased back to home builders.
Opportunities
- Expansion into new geographic markets beyond current regions.
- Potential growth in model home properties with increased demand from home builders.
- Diversification of tenant base to include larger commercial tenants.
Threats
- Economic downturns affecting real estate markets in Southern California, Colorado, and North Dakota.
- Competition from other real estate investment trusts in the same sectors.
- Dependence on triple-net lease agreements with home builders for model home properties.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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