Medalist Diversified REIT Inc. Announces Acquisition of Pensacola Commercial Property for $14.5 Million

Reuters

06-13

Medalist Diversified REIT Inc. Announces Acquisition of Pensacola Commercial Property for $14.5 Million

On June 11, 2025, Medalist Diversified REIT Inc. announced a significant real estate transaction through its wholly-owned subsidiary, MDRR XXV Depositor 1, LLC. The subsidiary has entered into a Purchase and Sale Agreement with Drake Motor Partners Pensacola LLC to acquire a 42,461 square foot, single-story building located on 3.498 acres at 312 E. 9 Mile Road, Pensacola, Florida. The total consideration for this acquisition is set at $14,544,504. The transaction, expected to close within 45 days, includes an earnest money deposit of $500,000. The agreement encompasses customary provisions, warranties, and conditions typical for commercial real estate transactions, though several conditions must still be met to finalize the acquisition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medalist Diversified REIT Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001558370-25-008564), on June 12, 2025, and is solely responsible for the information contained therein.

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ID: 0001558370-25-008564), on June 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4160","symbol_name":"多样化房地产投资信托v","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250612:nNDL1VqkQB:1","article_id":"2543542250","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543542250","pubTimestamp":1749759546,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"On June 11, 2025, Medalist Diversified REIT Inc. announced a significant real estate transaction through its wholly-owned subsidiary, MDRR XXV Depositor 1, LLC. 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