SPONSOR
Presidio Property Trust, Inc.
San Diego, CA
Founded in 1999
Presidio Property Trust was founded as NetREIT in 1999 as a contrarian real estate investor focused on out-of-the-mainstream properties, many in locations largely ignored by institutional investors. We have successfully found hidden value by acquiring properties at attractive prices resulting from unique seller circumstances, and then implementing an aggressive business plan.
Presidio Property Trust's portfolio has historically been diverse in product type, consisting of office, retail, industrial, self-storage, and residential properties. We strategically pursued strong opportunities, regardless of the property type. We have now refined our portfolio through calculated dispositions to focus primarily on multi-tenant office.
Since 2010, the Company, through its subsidiary NetREIT Dubose Model Home REIT, Inc., has acquired model homes from homebuilders nationwide on a sale - leaseback basis, which contributes substantially to our returns. Similar to triple-net commercial property investments, these assets provide secure cashflow with all operating expenses paid by the homebuilder, which is also the tenant. Although model homes represent a small portion of our asset base, the returns are very accretive to our stockholders.
Areas of Interest
- Risk Profile
- Property Type
- Deal Type
At a Glance
- Sponsor Type
- N/A
- Target Deal Return
- Deal Size
- Holding Period