Presidio Property Trust, Inc. (SQFT)

0.8475 +0.0226 (+2.74%) At close: 04:00PM EDT

Presidio Property Trust, Inc.

4995 Murphy Canyon Road
Suite 300
San Diego, CA 92123-4366
United States
760 471 8536
https://www.presidiopt.com

Sector(s): Real Estate
Industry: REIT - Diversified
Full-time employees: 15

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jack Kendrick Heilbron	Chairman, President & CEO	498.22k	N/A	1950
Mr. Gary Morris Katz	Chief Investment Officer	398.2k	N/A	1964
Mr. Steve Hightower	President of Model Home Division & Director	298.35k	N/A	1968
Mr. Edwin H. Bentzen IV	Chief Financial Officer	N/A	N/A	1977
Mr. Steven Foss	Director of Investor Relations	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Our office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California. While geographical clustering of real estate enables us to reduce our operating costs through economies of scale by servicing several properties with less staff, it makes us susceptible to changing market conditions in these discrete geographic areas, including those that have developed as a result of COVID-19. Presidio owns approximately 6.5% of the outstanding common stock of Conduit Pharmaceuticals Inc., a disease agnostic multi-asset clinical-stage disease-agnostic life science company providing an efficient model for compound development.

Corporate governance

Presidio Property Trust, Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.