Company: SQFTP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001437749-25-016828
Chunk: 86

Company: Presidio Property Trust, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 86
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TTW) and Private CDT Warrants presented on the consolidated balance sheets were measured at fair value using Level 1 and Level 3 market prices, taking into account the adoption of ASU 2022-03
    Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions.
     The fair value adjusted during the 
    three months ended March 31, 2025 resulted in the Company recording a loss of approximately
    $0.2 million as compared to a loss of approximately  
    $3.9 million recorded during the 
    three months ended March 31, 2024.

Geographic Diversification Tables

The following tables show a list of commercial properties owned by the Company grouped by state and geographic region as of March 31, 2025:

      State 
      
      No. of Properties 

      Aggregate Square Feet 

      Approximate % of Square Feet 

      Current Base Annual Rent 

      Approximate % of Aggregate Annual Rent 

      California 

     1

     57,807

     7.5
     %
      
     $
     1,546,117

     14.6
     %

      Colorado 

     3

     269,503

     35.1
     %

     4,347,958

     41.1
     %

      Maryland 

     1

     31,752

     4.1
     %

     739,050

     7.0
     %

      North Dakota 

     4

     399,113

     51.8
     %

     3,585,035

     34.0
     %

      Texas 

     1

     10,500

     1.4
     %

     349,546

     3.3
     %

      Total 

     10

     768,675

     99.9
     %
      
     $
     10,567,706

     100.0
     %

The following tables show a list of our Model Home properties by geographic region as of March 31, 2025:

      State 
      
      No. of Properties 

      Aggregate Square Feet 

      Approximate % of Square Feet 

      Current Base Annual Rent 

      Approximate of Aggregate % Annual Rent 

      Alabama 

     9

     20,804