Presidio Property Trust Hires TraDigital IR As Investor Relations Advisor

Rhea-AI Summary

Presidio Property Trust (NASDAQ: SQFT) has appointed TraDigital IR as its new investor relations advisor to enhance communication with investors and boost market awareness. CEO Jack K. Heilbron emphasized TraDigital's expertise in capital markets will help convey Presidio's growth strategy and value proposition. TraDigital aims to increase Presidio's exposure to financial institutions, supporting the company's diversified commercial real estate portfolio, which includes about 1.1 million square feet across various states and approximately 130 model home properties.

Positive

• Engagement with TraDigital IR expected to enhance investor communication.
• TraDigital's expertise may improve market awareness and attract financial institutions.
• Presidio's diversified portfolio consists of 1.1 million square feet across multiple states.
• Potential for future acquisitions to expand commercial property holdings.

Negative

• None.

SAN DIEGO, CA / ACCESSWIRE / October 19, 2020 / Presidio Property Trust, Inc. (Presidio or the Company) (NASDAQ:SQFT), an internally managed, diversified real estate investment trust, today announced that the company has hired TraDigital IR, a leading financial and digital media communications firm, to assist with its investor relations program.

Jack K. Heilbron, President & CEO of Presidio, commented, "We are pleased to appoint TraDigital as our investor relations advisor. TraDigital's industry expertise and capital markets knowledge will assist Presidio in its efforts to strengthen our communication with investors and improve market awareness of our company. We look forward to working closely with TraDigital to convey our business story, growth strategy, competitive advantages, and value proposition to the investment community."

"Our team is excited about working with Presidio to increase its exposure to financial institutions, including sell-side analysts and portfolio managers focused on the REIT sector," said MJ Clyburn, founder and CEO of TraDigital. "We are very enthusiastic about the Company's strategy to grow its diversified commercial real estate and model home portfolios, driven by a consistent and compelling strategic vision that will resonate regardless of short-term trends and ever-changing economic cycles."

TraDigital specializes in investor relations, corporate communications, digital/social media, and capital advisory solutions to emerging growth public and private companies across multiple sectors.

About Presidio Property Trust
Presidio is an internally managed, diversified REIT. Our commercial real estate portfolio consists of approximately 1.1 million square feet comprised of 15 properties: 10 office properties, one industrial property and four retail properties. Our commercial portfolio is located in Southern California, Colorado, and North Dakota, and we are currently considering new commercial property acquisitions in a variety of additional markets across the United States. Our commercial property tenant base is diversified, which helps limit our exposure to any single industry in which our tenants operate. Additionally, we own approximately 130 model home properties located in seven states, with the majority located in Texas and Florida. This geographical clustering of our real estate portfolio enables us to minimize operating costs and leverage efficiencies by managing a number of properties utilizing minimal overhead and staff. For more information on Presidio, please visit the Company's website at https://www.PresidioPT.com.

Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including Presidio's plans and strategies as described herein. Readers are cautioned that forward-looking statements (which can be identified by words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters) are subject to numerous risks and conditions, many of which are beyond Presidio's control, including those set forth in the "Risk Factors" section of Presidio's registration statement and prospectus recently filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The statements in this press release represent Presidio's views only as of the date they are made and should not be relied upon as representing Presidio's views as of any subsequent date. Presidio undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

Investor Relations Contacts:
Presidio Property Trust, Inc.
Lowell Hartkorn, Investor Relations
+1 (866) 781-7721 x244
LHartkorn@presidiopt.co

TraDigital IR
Kevin McGrath
+1-646-418-7002
kevin@tradigitalir.com

MJ Clyburn
+1-917-327-6847
clyburn@tradigitalir.com

SOURCE: Presidio Property Trust

View source version on accesswire.com:
https://www.accesswire.com/610868/Presidio-Property-Trust-Hires-TraDigital-IR-As-Investor-Relations-Advisor

FAQ

What is the significance of Presidio Property Trust hiring TraDigital IR?

The hiring of TraDigital IR signifies Presidio's commitment to enhancing investor relations and improving market visibility, which could positively impact investor engagement.

How will TraDigital IR assist Presidio Property Trust?

TraDigital IR will assist Presidio by improving communication with investors, increasing exposure to financial institutions, and conveying the company's strategic vision.

What is the current size of Presidio Property Trust's portfolio?

Presidio Property Trust's commercial real estate portfolio comprises approximately 1.1 million square feet across 15 properties, along with about 130 model home properties.