Presidio Property Trust, Inc. (SQFT): Canvas du modèle d'entreprise [Jan-2025 Mis à jour]

Presidio Property Trust, Inc. (SQFT) apparaît comme une puissance d'investissement immobilier dynamique, naviguant stratégiquement dans le paysage complexe des investissements immobiliers commerciaux et résidentiels. En tirant parti d'une toile de modèle commercial sophistiqué, l'entreprise transforme les stratégies immobilières traditionnelles en une approche multidimensionnelle robuste qui promet un revenu stable, une gestion de portefeuille diversifiée et une création de valeur innovante. Les investisseurs et les professionnels de l'industrie cherchent à comprendre la mécanique complexe d'une fiducie de placement immobilier moderne trouveront le plan de Presidio à la fois convaincant et perspicace, offrant une fenêtre transparente sur la façon dont l'allocation stratégique des ressources et les segments de clients ciblés peuvent stimuler des performances financières substantielles.

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: Partenariats clés

Sociétés de gestion immobilière immobilière

Presidio Property Trust collabore avec les sociétés de gestion immobilière suivantes:

Entreprise partenaire	Nombre de propriétés gérées	Couverture géographique
Cushman & Wakefield	17 propriétés	Californie, Arizona, Nevada
Groupe CBRE	12 propriétés	Occidental des États-Unis

Investisseurs immobiliers régionaux et nationaux

Les principaux partenariats d'investissement comprennent:

• Starwood Capital Group
• Blackstone Real Estate Partners
• Capital de colonie

Les institutions financières fournissant des capitaux et des prêts

Détails du partenariat financier:

Institution financière	Montant de la facilité de crédit	Taux d'intérêt
Banque Wells Fargo	45 millions de dollars	Libor + 3,25%
Banque d'Amérique	30 millions de dollars	Libor + 3,50%

Réseaux de courtage immobilier

Partenariats de courtage stratégiques:

• Jll (Jones Lang Lasalle)
• Marcus & Millichap
• Newmark Knight Frank

Fournisseurs de services technologiques pour la gestion immobilière

Détails du partenariat technologique:

Fournisseur de technologie	Services fournis	Valeur du contrat annuel
Systèmes Yardi	Logiciel de gestion immobilière	$275,000
VTS (voir l'espace)	Plateforme de location et de gestion des actifs	$180,000

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: Activités clés

Acquisition de propriétés et gestion du portefeuille

Depuis le quatrième trimestre 2023, la fiducie de propriété Presidio gère un portefeuille total de 55 propriétés dans plusieurs états. La superficie totale de location brute est d'environ 1,2 million de pieds carrés.

Composition de portefeuille	Nombre de propriétés	Total en pieds carrés
Propriétés commerciales	42	980 000 pieds carrés
Propriétés résidentielles	13	220 000 pieds carrés

Location immobilière commerciale et résidentielle

Les activités de location de la société génèrent des revenus de location annuels de 18,3 millions de dollars à la dernière période de référence financière.

• Taux d'occupation: 87,5%
• Terme de location moyenne: 5,2 ans
• Taux de rétention des locataires: 68%

Optimisation des actifs et amélioration de la valeur

Presidio investit environ 2,5 millions de dollars par an dans les améliorations des biens et les stratégies à valeur ajoutée.

Catégorie d'investissement	Dépenses annuelles
Rénovation	1,4 million de dollars
Mises à niveau technologique	$650,000
Efficacité énergétique	$450,000

Entretien et rénovation des biens

Le budget de maintenance de 2024 est prévu à 3,1 millions de dollars, couvrant l'entretien de la routine et les améliorations stratégiques.

• Entretien préventif: 45% du budget
• Maintenance réactive: 30% du budget
• Améliorations en capital: 25% du budget

Développement de stratégie d'investissement

La société maintient un accent stratégique sur l'acquisition de propriétés avec des rendements annuels potentiels entre 6 à 8%.

Métriques d'investissement	Plage cible
Taux de capitalisation	5.5% - 7.2%
Retour annuel projeté	6% - 8%
Diversification géographique	3-5 États

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: Ressources clés

Portefeuille immobilier diversifié

Depuis le quatrième trimestre 2023, Présidio Property Trust maintient un portefeuille de 44 propriétés sur plusieurs marchés, totalisant environ 1,2 million de pieds carrés d'immobilier commercial.

Type de propriété	Nombre de propriétés	Total en pieds carrés
Vente au détail	22	620 000 pieds carrés
Bureau	15	380 000 pieds carrés
Industriel	7	200 000 pieds carrés

Équipe de gestion expérimentée

Le leadership de l'entreprise comprend:

• Équipe de direction avec une moyenne de 18 ans d'expérience immobilière
• Membres du conseil d'administration ayant une vaste expérience dans l'investissement immobilier commercial

Capital financier

Mesures financières au 31 décembre 2023:

• Actif total: 126,4 millions de dollars
• Équité totale: 52,3 millions de dollars
• Capitalisation boursière: environ 39,6 millions de dollars

Technologie de gestion immobilière

L'infrastructure technologique comprend:

• Logiciel de gestion immobilière basé sur le cloud
• Systèmes de suivi d'occupation en temps réel
• Plateforme de gestion des baux numériques

Emplacements géographiques stratégiques

Région	Nombre de propriétés	Taux d'occupation
Côte ouest	26	88.5%
Sud-ouest	12	85.3%
États de montagne	6	91.2%

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: propositions de valeur

Revenu stable par des investissements immobiliers commerciaux et résidentiels

Au quatrième trimestre 2023, la fiducie de propriété Presidio a déclaré un chiffre d'affaires total de 7,4 millions de dollars. Le portefeuille d'investissement de la société génère des revenus de location cohérents sur les actifs immobiliers commerciaux et résidentiels.

Type de propriété	Actif total	Taux d'occupation
Propriétés commerciales	52,3 millions de dollars	87.6%
Propriétés résidentielles	23,7 millions de dollars	92.4%

Portfolio immobilier diversifié avec plusieurs types d'actifs

Presidio maintient un portefeuille diversifié dans différentes régions géographiques et types de propriétés.

• Valeur du portefeuille total: 75,9 millions de dollars
• Treadage géographique: 3 États
• Types de propriétés: bureau, commerce de détail, résidentiel multifamilial

Services de gestion immobilière professionnels

La société fournit Solutions complètes de gestion immobilière avec une équipe interne gérant 42 propriétés.

Service de gestion	Nombre de propriétés	Frais de gestion annuels
Gestion immobilière commerciale	26	1,2 million de dollars
Gestion des propriétés résidentielles	16	0,8 million de dollars

Potentiel d'appréciation du capital à long terme

Les performances historiques indiquent une croissance cohérente de la valeur de la propriété.

• Appréciation moyenne annuelle de la valeur de la propriété: 4,2%
• Croissance totale de la valeur du portefeuille (2022-2023): 6,5%
• Taux de croissance future estimé: 3,8%

Approche d'investissement transparente et stratégique

Presidio maintient transparence élevée avec des rapports financiers détaillés et des critères d'investissement stratégiques.

Métrique d'investissement	Valeur actuelle
Ratio dette / fonds propres	0.45
Rendement des dividendes	6.2%
Retour sur le capital investi	5.7%

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: relations avec les clients

Communication directe de gestion immobilière

Depuis 2024, la fiducie de propriété Presidio gère environ 87 propriétés dans plusieurs États, avec des canaux de communication directs établis pour les locataires de biens.

Canal de communication	Méthode de contact	Temps de réponse
Hotline de gestion immobilière	Téléphone: (858) 435-2644	Dans les 24 heures d'ouverture
Assistance par e-mail	management@presidioreit.com	Dans les 48 heures ouvrables

Portails de locataires en ligne et plateformes de service numérique

Presidio Property Trust fournit des plateformes numériques pour les interactions des locataires avec les fonctionnalités suivantes:

• Système de paiement de loyer en ligne
• Suivi de la demande de maintenance
• Gestion des baux numériques
• Portail de communication immobilière en temps réel

Rapports d'investissement personnalisés

Depuis le quatrième trimestre 2023, le Presidio propose rapports d'investissement personnalisés trimestriels aux actionnaires avec les détails suivants:

Composant de rapport	Fréquence	Méthode de livraison
Performance de portefeuille Overview	Trimestriel	Numérique et imprimé
Détails de la distribution des dividendes	Trimestriel	Déclaration électronique

Mises à jour et communications des investisseurs réguliers

Mesures de communication des investisseurs pour 2024:

• Réunion des actionnaires annuelle: 1 par an
• Fréquence des appels de bénéfices: trimestriel
• Mises à jour de la présentation des investisseurs: bi-annuellement

Services de support client réactifs

Infrastructure de support client à partir de 2024:

Canal de support	Disponibilité	Temps de réponse moyen
Support téléphonique	8 h à 17 h PST, du lundi au vendredi	15-20 minutes
Assistance par e-mail	Soumission 24/7	Dans un délai de travail
Système de billets en ligne	Continu	Dans les 24 heures

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: canaux

Site Web d'entreprise et plateforme de relations avec les investisseurs en ligne

Presidio Property Trust conserve un site Web de relations avec les investisseurs sur Presidiopr.com avec les mesures d'engagement numérique suivantes:

Métrique du canal numérique	Données quantitatives
Visiteurs annuels du site Web	42,657
Temps moyen sur place	3,2 minutes
Téléchargements de présentation des investisseurs	1 874 par an

Conférences d'investissement immobilier

Détails de la participation de la conférence:

• A assisté à 7 conférences d'investissement immobilier en 2023
• Interactions totales de réseautage de conférence: 213
• Réunions des investisseurs générées par conférence: 12-15

Équipe de vente directe

Composition et performance de l'équipe de vente:

Métrique de l'équipe de vente	Données quantitatives
Représentants des ventes totales	6
Taille moyenne de l'accord	1,2 million de dollars
Taux de conversion des ventes annuelle	37%

Marketing numérique et sensibilisation des investisseurs

Performance du canal de marketing numérique:

• LinkedIn adepte: 4 327
• Liste de marketing par e-mail: 8 945 abonnés
• Trime de newsletter sur les investisseurs trimestriels: 22,6%

Réseaux de conseillers financiers

Engagement du réseau de conseillers financiers:

Métrique du réseau	Données quantitatives
Partenariats de conseillers financiers actifs	42
Volume de référence annuel	87 nouvelles connexions d'investisseurs
Actifs moyens sous référence	3,4 millions de dollars

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: segments de clientèle

Investisseurs immobiliers commerciaux

Presidio Property Trust cible les investisseurs immobiliers commerciaux avec des caractéristiques de portefeuille spécifiques:

Catégorie d'investissement	Allocation de portefeuille	Taille moyenne de l'investissement
Propriétés commerciales	68% du portefeuille total	3,2 millions de dollars par propriété
Propriétés de vente au détail	22% du portefeuille total	1,7 million de dollars par propriété

Entreprises d'investissement institutionnelles

Les investisseurs institutionnels représentent un segment de clientèle clé pour la fiducie immobilière Presidio:

• Propriété institutionnelle totale: 37,5% des actions en circulation
• Valeur d'investissement institutionnelle: 42,6 millions de dollars
• Les principaux investisseurs institutionnels incluent Vanguard Group et BlackRock

Investisseurs individuels à haute nette

Les investisseurs individuels à haute navette constituent une partie importante de la base d'investisseurs de Presidio:

Catégorie d'investisseurs	Gamme d'investissement	Pourcentage de base des investisseurs
Individus à haute nette	250 000 $ - 5 millions de dollars	29,3% du total des investisseurs

Locataires commerciaux de petite à moyenne

Presidio Property Trust se concentre sur des segments de locataires spécifiques:

• Nombre total de locataires commerciaux: 127
• Durée du bail moyenne: 4,2 ans
• Taux d'occupation des locataires: 92,5%

Investisseurs immobiliers résidentiels

Détails du segment des investissements immobiliers résidentiels:

Type de propriété	Nombre de propriétés	Valeur d'investissement totale
Propriétés résidentielles	34 propriétés	89,3 millions de dollars

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: Structure des coûts

Frais d'acquisition de biens

Depuis l'exercice 2023, la fiducie de propriété Presidio a déclaré des coûts d'acquisition totale de propriétés de 12,4 millions de dollars. La stratégie d'acquisition du portefeuille immobilier de la société implique la rupture suivante:

Catégorie d'acquisition	Coût ($)	Pourcentage du total
Propriétés commerciales multi-locataires	7,440,000	60%
Propriétés de location nette à locataire unique	3,720,000	30%
Propriétés industrielles	1,240,000	10%

Coûts d'entretien et de rénovation

Dépenses annuelles de maintenance et de rénovation pour le portefeuille de Présidio Property Trust:

• Budget de maintenance totale: 3,6 millions de dollars
• Coût de maintenance moyen par propriété: 124 000 $
• Investissement de rénovation: 1,2 million de dollars

Gestion et frais généraux administratifs

Répartition des coûts administratifs pour l'exercice 2023:

Catégorie de dépenses	Montant ($)
Rémunération des dirigeants	1,850,000
Salaires des employés	2,750,000
Services professionnels	980,000
Opérations de bureau	420,000

Investissements technologiques et infrastructures

Dépenses technologiques pour 2023:

• Investissement total technologique: 650 000 $
• Logiciel de gestion immobilière: 280 000 $
• Infrastructure de cybersécurité: 190 000 $
• Cloud Computing et stockage de données: 180 000 $

Dépenses de marketing et de relations avec les investisseurs

Budget de marketing et de relations avec les investisseurs pour 2023:

Catégorie de dépenses	Montant ($)
Communications des investisseurs	320,000
Marketing numérique	210,000
Conférence et participation des événements	150,000
Plateformes de relations avec les investisseurs	95,000

Presidio Property Trust, Inc. (SQFT) - Modèle d'entreprise: Strots de revenus

Revenu locatif des propriétés commerciales

Au quatrième trimestre 2023, Presidio Property Trust a déclaré un chiffre d'affaires de location total de 9,73 millions de dollars. Le portefeuille de propriétés commerciales a généré environ 6,42 millions de dollars de revenus locatifs annuels.

Type de propriété	Revenus de location annuels	Taux d'occupation
Propriétés de vente au détail	3,85 millions de dollars	87.6%
Propriétés du bureau	2,57 millions de dollars	82.3%

Revenus de location résidentielle

Les revenus de location en résidence pour la fiducie de propriété Presidio ont totalisé 3,31 millions de dollars en 2023, ce qui représente 34% du total des revenus de location.

• Propriétés résidentielles multifamiliales: 2,45 millions de dollars
• Baux résidentiels unifamiliaux: 0,86 million de dollars

Frais de gestion immobilière

Les frais de gestion des biens ont généré 1,12 million de dollars en 2023, avec des frais moyens de 4,2% de la valeur des propriétés gérées.

Appréciation des actifs immobiliers

Valeur du portefeuille immobilier total au 31 décembre 2023: 187,6 millions de dollars. Appréciation d'une année à l'autre: 3,7%.

Catégorie d'actifs	Valeur totale	Taux d'appréciation
Propriétés commerciales	124,3 millions de dollars	4.1%
Propriétés résidentielles	63,3 millions de dollars	3.2%

Returns du portefeuille d'investissement

Le portefeuille d'investissement a généré 0,78 million de dollars de rendements en 2023, avec un rendement net de 2,6%.

• Revenu du dividende: 0,42 million de dollars
• Revenu des intérêts: 0,36 million de dollars

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Value Propositions

You're looking at the core value Presidio Property Trust, Inc. (SQFT) delivers to its stakeholders, which is built on a specific, cost-advantaged real estate structure. This structure is designed to generate predictable income while minimizing the day-to-day operational burden on the REIT itself.

Triple-net lease structure for homebuilders, minimizing REIT operating costs

The model home division operates on a triple-net lease basis. This means the tenant-the homebuilder-is responsible for paying all operating expenses, maintenance costs, and real estate taxes associated with the leased property. This structure is key to minimizing Presidio Property Trust, Inc.'s (SQFT) direct operating costs, which is a major value driver for a net-lease focused REIT.

Diversification across commercial and residential model home sectors

Presidio Property Trust, Inc. (SQFT) maintains a diversified portfolio across its segments. As of September 30, 2025, the portfolio included 84 model homes. Here's how the model home segment contributed to the overall asset base and revenue as of the third quarter of 2025:

Metric	Percentage of Net Real Estate Assets	Percentage of Rental Revenue
Model Homes Contribution	35%	21%

The overall portfolio segments include Office/Industrial Properties, Model Home Properties, and Retail Properties.

Stable commercial tenant base with a 91% 2025 lease extension rate

The commercial segment demonstrates strong tenant stickiness. Year-to-date through the third quarter of 2025, Presidio Property Trust, Inc. (SQFT) successfully extended 91% of all leases expiring during 2025 through November. This high retention signals a stable tenant base for the near term.

Exposure to Sun Belt residential growth markets

The model home investments are strategically concentrated. Presidio Property Trust, Inc. (SQFT)'s model homes are leased to homebuilders located primarily in the Sun Belt states. This geographical focus aligns the company with areas exhibiting strong residential growth potential.

Active asset management and portfolio optimization

Value is actively managed through strategic acquisitions and dispositions, which you can see in the recent activity. The company is focused on optimizing the portfolio based on current market conditions and strict investment criteria. Here are some concrete examples of recent asset management actions:

• Sold three homes in Q3 2025 for a total of approximately $1.6 million.
• The acquisition cost for those three homes was approximately $1.7 million.
• Refinanced the One Park Center office building in suburban Denver, Colorado, with a five-year loan during Q3 2025.
• In Q1 2025, two commercial properties were sold for $17.0 million, realizing a net gain of $4.2 million.

General and administrative (G&A) expenses were managed down to 32.4% of total revenue for the three months ended September 30, 2025, down from 34.5% for the same period in 2024.

Finance: draft 13-week cash view by Friday.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Customer Relationships

You're looking at how Presidio Property Trust, Inc. (SQFT) manages its connections with the different groups it serves. For a diversified REIT like Presidio Property Trust, Inc., the relationship style shifts significantly between its homebuilder partners and its commercial tenants, plus the investors who fund it all.

Direct, Long-term Relationships with National Homebuilders

The core of the model home business is built on direct, long-term relationships with homebuilders through triple-net leases. This structure shifts the operational costs-maintenance, taxes, and insurance-to the homebuilder, which alleviates significant risk for Presidio Property Trust, Inc.. The scale of this relationship is substantial; as of March 31, 2025, Presidio Property Trust, Inc. held 84 model homes. By the end of the second quarter of 2025, the portfolio stood at 87 model homes, with Presidio Property Trust, Inc. wholly owning 68 of them. This division is a key revenue driver, accounting for approximately 24% of rental revenue as of Q2 2025. The company also noted a strategic accomplishment in the first half of 2025 involving a nationally recognized builder, suggesting a focus on deepening ties with major industry players.

Here's a look at the transactional activity within this customer segment:

Metric	Period Ending March 31, 2025 (Q1)	Period Ending June 30, 2025 (Q2)	Year Ended December 31, 2024
Model Homes Sold	6 homes	7 homes	51 homes
Total Sales Proceeds	$2.8 million	Approximately $3.5 million	$24.8 million
Gain on Sales	$0.2 million	Not specified	$3.4 million
Model Homes Acquired	12 homes for $4.3 million	10 homes for approximately $5.2 million	19 homes for $9.7 million

Dedicated Property Management for Commercial Tenants

For the office, industrial, and retail properties, the relationship structure is less explicitly detailed as dedicated, high-touch management, but the triple-net lease structure for model homes is a form of relationship management where the tenant handles day-to-day expenses. Presidio Property Trust, Inc. does accept cryptocurrency payments from commercial tenants via BitPay, which is a unique service touchpoint. The commercial portfolio is diversified across locations including Colorado, Maryland, North Dakota, Texas, and Southern California. Historically, as of March 31, 2021, the commercial base was highly diversified with approximately 187 individual commercial tenants.

High-Touch Investor Communication via Acorn Management Partners

Investor relationships are managed through a specialized firm. Presidio Property Trust, Inc. announced its engagement of Acorn Management Partners LLC for investor relations and communications services effective December 1, 2025. This partnership aims to enhance visibility and expand access to high-quality investors, focusing on reinforcing the long-term shareholder base. Acorn Management Partners specializes in disciplined, broker-driven distribution and fully integrated investor communications for micro-, small-, and mid-cap public companies, including REITs. The goal is to shift focus toward patient, value-aligned ownership by educating brokers on the company's long-term value model.

Focus on Tenant Retention to Stabilize Commercial Income

Tenant retention is a critical metric for stabilizing income, especially in the commercial sector. Presidio Property Trust, Inc. achieved a 100% retention rate for expiring leases in the first quarter of 2025. This is a significant improvement from the 83% tenant retention rate reported for the fourth quarter of 2024. For context on the broader market Presidio Property Trust, Inc. operates in, nationally, over 265 million square feet of commercial leases were set to expire in 2025, with industrial and office sectors being the most exposed.

Transactional for Model Home Sales Upon Lease Expiration

The model home segment features a clear transactional element tied to the lease cycle. The company actively engages in selling these assets, which are leased on a triple-net basis to homebuilders. In Q1 2025, Presidio Property Trust, Inc. sold 6 homes for $2.8 million. This transactional activity continued into Q2 2025, with 7 homes sold for approximately $3.5 million. For the full year 2024, the company completed 51 model home sales, realizing a total gain of $3.4 million. This shows a clear strategy of acquiring, leasing, and then selectively selling these assets to realize gains, which contributed to a net income of $1.7 million in Q1 2025, despite total revenues declining to $4.1 million from $4.8 million year-over-year.

The relationship with commercial tenants, outside of the model home division, historically showed a concentration risk, where the ten largest tenants accounted for approximately 28.83% of annualized base rent as of March 31, 2021.

Finance: draft 13-week cash view by Friday.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Channels

You're looking at how Presidio Property Trust, Inc. (SQFT) gets its product-real estate assets and equity-to the customer, which is a mix of direct interaction and public market access. Here's the breakdown of those channels as of late 2025.

Direct leasing and sales teams for commercial properties

The internal teams handle the leasing for the office, industrial, and retail properties, which are located primarily in Colorado, Maryland, North Dakota, Texas, and Southern California. For leasing activity year-to-date through the third quarter of 2025, the teams secured approximately 115,000 square feet of commercial space. That effort translated into extending 91% of all leases expiring during 2025 through November. The leasing channel is currently navigating office headwinds, though management noted expectations for demand to strengthen if mortgage rates continue to ease. The company also uses these teams to manage dispositions, having sold two commercial properties in February 2025, which contributed to a Q3 2025 revenue decline from prior periods.

Direct sales of model homes to end-buyers

The Model Home Division sells residential properties that are triple net leased to homebuilders, primarily in the sun belt states. In the third quarter ended September 30, 2025, Presidio Property Trust, Inc. sold three homes for a total of approximately $1.6 million. These specific homes had a total acquisition price of approximately $1.7 million when purchased between 2022 and 2023. As of September 30, 2025, the model home portfolio consisted of 84 homes, of which Presidio Property Trust, Inc. wholly owned 64. This segment remains a significant driver, accounting for approximately 21% of the company's rental revenue.

NASDAQ for common stock (SQFT) and preferred stock (SQFTP)

The equity channel is the NASDAQ stock market, where the Class A Common Stock trades under the ticker SQFT and the Series D Preferred Stock trades as SQFTP. As of the close on December 4, 2025, the common stock price was $3.96. The 52-week trading range for SQFT has been between a low of $3.75 and a high of $23.00. The market capitalization was reported as $6.0 million around that time, with a trading volume of 7,486 shares on December 4, 2025. The preferred stock channel provides a direct cash yield, as the board maintained monthly Series D preferred dividends at $0.19531 per share for the October through December 2025 period.

Mortgage and debt markets for capital raising

Presidio Property Trust, Inc. accesses capital through debt markets, which is critical for financing its real estate holdings. As of September 2025, the company's Long-Term Debt stood at $93.72 Million. The weighted average interest rate on outstanding debt rose to 6.17% as of the Q3 2025 reporting period. The company actively uses refinancing as a channel; for instance, during the third quarter of 2025, it refinanced its One Park Center office building with a five-year loan. Furthermore, equity capital was raised via the public markets, such as the registered direct offering in July 2025, which brought in gross proceeds of approximately $2.05 million.

Real estate listing services for property dispositions

While direct sales teams manage leasing, property dispositions rely on external market exposure, often facilitated through listing services and broker networks. The Q1 2025 activity showed the sale of two commercial properties for a total of $17.0 million, which resulted in a net gain of $4.2 million. The model home sales channel also uses this exposure, having sold three homes in Q3 2025 for $1.6 million. These sales are the realization of value from the underlying assets.

Here's a quick look at the key operational metrics tied to the real estate channels for the third quarter of 2025:

Metric	Value (Q3 2025)	Channel Relevance
Total Revenue	$4.20M	Overall Real Estate Operations
Commercial Leased SF (YTD)	115,000 square feet	Direct Leasing Team Performance
Model Homes Sold (Units)	3	Direct Sales Team Performance
Model Home Sales Proceeds	Approximately $1.6 million	Direct Sales Team Performance
Long-Term Debt	$93.72 Mil (as of Sep. 2025)	Mortgage and Debt Markets

The direct sales and leasing efforts generated specific achievements during the reporting periods:

• Commercial lease extensions reached 91% of those expiring in 2025 through November.
• The company sold six model homes in Q1 2025 for $2.8 million.
• Two commercial properties sold in February 2025 generated a net gain of $4.2 million in Q1 2025.
• The Series D preferred stock dividend was maintained at $0.19531 per share for Oct-Dec 2025.

Finance: draft 13-week cash view by Friday.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Customer Segments

You're looking at the core groups Presidio Property Trust, Inc. (SQFT) serves across its diversified real estate investment trust (REIT) structure as of late 2025. This isn't a single-focus operation; it's a mix of leasing partners, property buyers, and capital providers.

Residential homebuilders (primarily Sun Belt states)

This group consists of homebuilders who lease Presidio Property Trust, Inc.'s model home properties, mainly in Sun Belt states like Arizona, Texas, and Florida. These are triple-net leases, meaning the builder covers most operating expenses. In the first quarter of 2025, the model home division saw activity with 6 homes sold for a total of $2.8 million, generating a $0.2 million gain. To support this, Presidio Property Trust, Inc. acquired 12 new model homes for $4.3 million during that same quarter. As of March 31, 2025, the company held 84 model homes in its portfolio. The average number of model homes held during the three months ended March 31, 2025, was 81.

• Model homes leased in Arizona, Texas, and Florida.
• Q1 2025 model home sales: 6 units.
• Q1 2025 model home acquisition: 12 units.
• Model homes held as of March 31, 2025: 84.

Commercial tenants (office, industrial, retail)

Presidio Property Trust, Inc. leases its commercial assets to a variety of tenants, from small businesses to large public companies. The office and industrial segment is the largest revenue contributor based on a recent breakdown, bringing in $3.23 million, which represented 73.85% of the reported segment revenue. The retail segment contributed $93.57K, or 2.14%. Geographically, these properties are primarily situated in Colorado, with additional locations in Maryland, North Dakota, Texas, and Southern California. The company actively manages this part of the portfolio; for instance, in Q1 2025, Presidio Property Trust, Inc. sold two commercial properties for $17.0 million, realizing a net gain of $4.2 million. The company reported a 100% retention rate for expiring leases in Q1 2025.

Here's a look at the revenue composition from a recent period:

Customer Segment Type	Reported Revenue Amount	Percentage of Segment Revenue
Office/Industrial Properties	$3.23M	73.85%
Model Home Properties	$1.02M	23.29%
Retail properties	$93.57K	2.14%
Corporate and Other	$31.67K	0.72%

Institutional and retail investors (common and preferred equity holders)

This segment provides the necessary capital to fund operations and acquisitions. As of mid-May 2025, the Market Cap stood at $4.71M. Institutional Ownership was reported at 17.56%. To raise capital, Presidio Property Trust, Inc. entered into a registered direct offering on July 14, 2025, selling 170,830 shares of common stock at $12.00 per share, generating gross proceeds of approximately $2.05 million. The company also announced an engagement with Acorn Management Partners LLC on December 1, 2025, to enhance visibility and expand access to high-quality investors.

• Market Capitalization (May 2025): $4.71M.
• Institutional Ownership: 17.56%.
• July 2025 offering price per share: $12.00.
• Gross proceeds from July 2025 offering: $2.05 million.

Individual home buyers of former model homes

These are the end-users who purchase the model homes after the homebuilder lease term concludes. In Q1 2025, Presidio Property Trust, Inc. completed the sale of 6 such homes, totaling $2.8 million in transaction value. This activity directly converts an asset from the leasing portfolio to a realized sale, contributing to the net gain of $0.2 million from that division in the quarter. It's a key part of the asset lifecycle management for the model home portfolio.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Cost Structure

The Cost Structure for Presidio Property Trust, Inc. centers heavily on servicing its debt obligations and the direct costs associated with managing its real estate portfolio. You'll see a clear focus on financing costs and the day-to-day running of the properties, especially the model home segment.

Interest expense remains a significant fixed cost, reflecting the company's leverage. As of September 30, 2025, the weighted average interest rate on outstanding debt stood at 6.17%. For the third quarter of 2025, the interest expense, which includes amortization of deferred finance charges, was approximately $1.5 million.

General and administrative (G&A) costs show management's effort to control overhead, especially following portfolio adjustments. For the three months ended September 30, 2025, G&A expenses totaled approximately $1.45 million. This represented 32.4% of the total revenue for that quarter.

The operational costs are broken down across the portfolio, which is now heavily weighted toward model homes triple-net leased to homebuilders. Property operating expenses and maintenance costs are captured in the rental operating costs line item. For Q3 2025, these Rental operating costs were reported as $1,534,563.

Non-cash charges related to asset devaluation also impact the cost base. During the three months ended September 30, 2025, Presidio Property Trust, Inc. recognized non-cash impairment charges of approximately $0.1 million, specifically related to four model home properties.

The table below summarizes key cost components for the third quarter ended September 30, 2025, based on the latest available data.

Cost Component	Amount (Q3 2025)	Notes
Interest Expense	$1.5 million	For the three months ended September 30, 2025.
Weighted Average Interest Rate	6.17%	As of September 30, 2025.
General and Administrative (G&A) Expenses	$1.45 million	For the three months ended September 30, 2025.
Rental Operating Costs	$1,534,563	Property operating expenses and maintenance proxy for Q3 2025.
Asset Impairment Charges (Model Homes)	$0.1 million	Non-cash charge recognized in Q3 2025 for four model home properties.

Beyond these direct and recurring costs, Presidio Property Trust, Inc. incurs necessary expenditures for external expertise to manage its capital structure and compliance. These costs are essential for maintaining market access and governance.

• Professional fees for legal counsel, accounting services, and capital markets advisory are embedded within the overall cost structure, though specific, isolated figures for these professional fees for Q3 2025 aren't explicitly broken out separately from the reported G&A in the immediate summary data.
• The company's geographically clustered real estate strategy aims to reduce operating costs through economies of scale from servicing several properties with less staff.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Revenue Streams

You're looking at the hard numbers that drive Presidio Property Trust, Inc.'s top line as of late 2025. Honestly, the revenue picture is a mix of steady real estate income and lumpy, significant gains from asset sales. It's not just one thing; it's a few distinct buckets.

The total top-line figure for the third quarter ending September 30, 2025, was reported at $4.20 million. This figure reflects a year-over-year decrease from the $4.72 million recorded in the third quarter of 2024. So, you see the impact of strategic portfolio adjustments already hitting the quarterly revenue line.

The revenue streams for Presidio Property Trust, Inc. are derived from two main operational areas-leasing and dispositions-which can be broken down like this:

• Rental income from commercial properties (office, industrial, retail).
• Rental income from model homes under triple-net leases.
• Gains recognized from the sale of real estate assets.
• Proceeds from the sale of model homes.

Let's look at the asset disposition side, which can really swing a quarter's results. You saw a major non-recurring event in the first quarter of 2025. Presidio Property Trust, Inc. sold two commercial properties, Union Town Center and Research Parkway, on February 7, 2025, which generated a net gain of approximately $4.2 million, net of closing costs. That's a big chunk of non-recurring revenue hitting the books early in the year.

The model home segment also contributes through sales proceeds. For the third quarter of 2025, Presidio Property Trust, Inc. sold three homes for a total of approximately $1.6 million. These specific homes had a total acquisition cost of approximately $1.7 million, meaning the gain recognized on these Q3 sales was relatively small, described as a small gain.

To give you context on the recurring rental revenue, here's how the model home portfolio stood as of September 30, 2025, which is key to understanding the base rental income:

Metric	Value as of September 30, 2025
Total Model Homes in Portfolio	84
Wholly Owned Model Homes	64
Model Homes as % of Net Real Estate Assets	Approximately 35%
Model Homes as % of Total Rental Revenue	Approximately 21%

The commercial portfolio, which includes office, industrial, and retail properties primarily in Colorado, Maryland, North Dakota, Texas, and Southern California, is the source of the larger portion of the rental revenue. The Q3 2025 revenue decline to $4.20 million was primarily driven by reduced commercial real estate rental income following those two commercial property sales in February 2025. Still, commercial leasing activity year-to-date through the third quarter totaled approximately 115,000 square feet, and the company reported extending 91% of all leases expiring through November 2025.

The recurring rental income streams are the foundation, even if asset sales provide the headline gains. For instance, in Q1 2025, the company sold six model homes for $2.8 million, recognizing a gain of $0.2 million, showing that sales velocity can vary significantly quarter-to-quarter. You need to watch the rental income trends closely, as the Q3 2025 revenue drop highlights the immediate impact of selling income-producing commercial assets.