NetworkNewsBreaks – Presidio Property Trust (NASDAQ: SQFT) Reports Q1 2021 Results, Company Status
Presidio Property Trust (NASDAQ: SQFT), an internally managed REIT that has a diversified portfolio of commercial and industrial properties and model homes, has released its first quarter 2021 financial and business report. Included in the report is the note that Presidio achieved an average rental collection rate of 96% during the first-quarter period, a figure that the company attributes to the diversified nature of its property portfolio. The company also reported that revenue for the quarter was $5.7 million, a 19% decrease of approximately $1.3 million from Q1 2020, which reflects the sale of four properties. Based on what the…







