STOCK TITAN

Presidio extends Johns Hopkins lease to 2031

Presidio Property Trust, Inc. (SQFT) reported that it has completed a five-year lease extension with its largest tenant, Johns Hopkins University (on behalf of the Bloomberg School of Public Health), at its Baltimore property.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Presidio Property Trust, Inc. (SQFT) reported that it has completed a five-year lease extension with its largest tenant, Johns Hopkins University (on behalf of the Bloomberg School of Public Health), at its Baltimore property. The lease extension was completed on August 20, 2026.

Johns Hopkins University occupies all 31,752 square feet of the Baltimore property, and the new agreement extends the lease term to December 31, 2031. Presidio describes itself as an internally managed, diversified REIT with model home, office, industrial, and retail properties across several U.S. states.

Positive

  • Largest tenant Johns Hopkins University extended its lease by five years, supporting long-term occupancy at the Baltimore property.
  • Johns Hopkins University continues to lease 31,752 square feet, indicating the entire Baltimore property remains under contract through December 31, 2031.

Negative

  • None.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Lease extension term five year Extension of Johns Hopkins University lease at the Baltimore property
Leased area 31,752 square feet Space occupied by Johns Hopkins University at the Baltimore property
New lease expiration date December 31, 2031 End of extended lease term for Johns Hopkins University
Lease extension completion date August 20, 2026 Date the five-year lease extension was completed
Cumulative Redeemable Perpetual Preferred Stock financial
"9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share"
A cumulative redeemable perpetual preferred stock is a type of ownership share that pays fixed dividends forever unless the company stops them, and any missed dividends accumulate and must be paid later. It can be redeemed (bought back) by the issuer at specified times or prices, so it behaves partly like a long-term loan; investors care because it sits ahead of common shares for payments and can affect a company’s cash needs and perceived credit risk.
internally managed financial
"Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust"
real estate investment trust financial
"an internally managed, diversified real estate investment trust (“REIT”)"
A real estate investment trust (REIT) is a company that owns and manages income-producing properties—like apartment buildings, shopping centers, offices, or warehouses—and is required to pass most of its rental income to shareholders as dividends. Think of it as a shared property owner: instead of buying a whole building, investors buy a slice of a portfolio that pays regular income and can offer exposure to property values and rental markets without direct management. REITs matter to investors for predictable income, diversification, and liquidity compared with owning physical real estate.
triple-net leased financial
"holdings in model home properties which are triple-net leased to homebuilders"
A triple-net leased property is one where the occupier pays the base rent plus most operating costs—typically property taxes, insurance, and routine maintenance—so the owner receives mostly rent without handling those bills. For investors, this setup can provide steadier, lower-overhead income and clearer cash-flow forecasts, while concentrating expense and inflation risk on the occupier; think of it like renting out a car but the renter also pays fuel, insurance and routine repairs.
forward-looking statements regulatory
"This press release contains statements that are “forward-looking statements” within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What did Presidio Property Trust (SQFT) announce regarding its largest tenant?

Presidio announced a five-year lease extension with its largest tenant, Johns Hopkins University (on behalf of the Bloomberg School of Public Health), at its Baltimore property, extending the lease term to December 31, 2031.

How much space does Johns Hopkins University lease from SQFT in Baltimore?

Johns Hopkins University occupies 31,752 square feet at Presidio Property Trust’s Baltimore property, and this lease covers the entire building under the extended term through December 31, 2031.

When was the Johns Hopkins lease extension with Presidio (SQFT) completed?

The lease extension with Johns Hopkins University was completed on August 20, 2026, and Presidio publicly announced it on August 24, 2026.

What is the new expiration date of SQFT’s largest tenant lease?

The new expiration date of Presidio Property Trust’s largest tenant lease with Johns Hopkins University is December 31, 2031, following a five-year extension.

What type of company is Presidio Property Trust (SQFT)?

Presidio Property Trust is an internally managed, diversified real estate investment trust (REIT) with model home, office, industrial, and retail properties located primarily in sun belt states, Colorado, and several other U.S. markets.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 24, 2026

 

Presidio Property Trust, Inc.

(Exact name of registrant as specified in its charter)

 

Maryland   001-34049   33-0841255

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

4995 Murphy Canyon Road, Suite 300

San Diego, California 92123

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (760) 471-8536

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
         
Series A Common Stock, $0.01 par value per share   SQFT   The Nasdaq Stock Market LLC
         
9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share   SQFTP   The Nasdaq Stock Market LLC
         
Series A Common Stock Purchase Warrants to Purchase Shares of Common Stock   SQFTW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On August 24, 2026, Presidio Property Trust, Inc. (the “Company”) issued a press release announcing the five year lease extension for its largest tenant, Johns Hopkins University (on behalf of the Bloomberg School of Public Health). A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

The information in this Item 7.01 disclosure, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under such section. In addition, the information in this Item 7.01 disclosure, including Exhibit 99.1, shall not be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

The following exhibit is being filed herewith:

 

Exhibit No.   Description
     
99.1   Press Release, dated August 24, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  PRESIDIO PROPERTY TRUST, INC.
     
  By: /s/ Ed Bentzen
  Name: Ed Bentzen
  Title: Chief Financial Officer
     
Dated: August 24, 2026    

 

 

 

 

 

Exhibit 99.1

 

 

 

Presidio Property Trust Extends Largest Tenant Lease

 

San Diego, CA – August 24, 2026 – (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”) announced that on August 20, 2026, we completed the five year lease extension of our largest tenant, Johns Hopkins University (on behalf of the Bloomberg School of Public Health), at our Baltimore property. Johns Hopkins University occupies all 31,752 square feet of the Baltimore property and the extension extends the term to December 31, 2031.

 

“We are excited to retain this long standing tenant and are pleased that the property fits their long-term needs”, said Gary Katz, Chief Investment Officer

 

About Presidio Property Trust

 

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 primarily in the sun belt states. Presidio’s office, industrial, and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California. For more information on Presidio, please visit Presidio’s website at https://www.PresidioPT.com.

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains statements that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and other federal securities laws. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, representations, plans or predictions of the future, and are typically identified by such words as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “may,” “will,” “should” and “could.” Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements also include statements relating to the closing of the business combination with Conduit within a certain timeframe or at all. These forward-looking statements are based upon the Company’s present expectations, but these statements are not guaranteed to occur. Except as required by law, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the Company’s documents filed with the SEC, copies of which are available on the SEC’s website, www.sec.gov.

 

Investor Relations Contact:

 

Presidio Property Trust, Inc.

Lowell Hartkorn, Investor Relations

LHartkorn@presidiopt.com

Telephone: (760) 471-8536 x1244

 

 

 

 

Filing Exhibits & Attachments

6 documents