Presidio Property Trust, Inc. Announces Earnings for the First Quarter Ended March 31, 2021
SAN DIEGO, CA / ACCESSWIRE / May 11, 2021 / Presidio Property Trust, Inc. (NASDAQ:SQFT) (the Company ), an internally-managed, diversified REIT, with holdings in office, industrial, retail, and model home properties, today reported financial results for its first quarter ended March 31, 2021. All first quarter financial measures referenced herein are unaudited. We are pleased to report our first quarter earnings, continuing the strong rent collections that we saw throughout 2020, said Jack Heilbron, the Company s President and Chief Executive Officer. The diversified nature of our portfolio, with especially strong office and model home collections, resulted in a company-wide collections rate of 96% of budget in the first quarter of 2021.