Presidio Property Trust Announces Expiration and Results of Exchange Offer for All Outstanding Shares of its Series D Preferred Stock

SAN DIEGO, CA / ACCESS Newswire / October 5, 2026 / (NASDAQ:SQFT)(NASDAQ:SQFTP)(NASDAQ:SQFTW) Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed, diversified real estate investment trust, announced today that its previously announced exchange offer (the "Exchange Offer") to exchange any and all outstanding shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the "Series D Preferred Stock") for newly issued shares of its Series A Common Stock (the "Common Stock") expired at 11:59 p.m., New York City time, on October 2, 2026 (the "Expiration Date").

As of the Expiration Date, 149,773 shares of Series D Preferred Stock, representing approximately 15.4% of the outstanding shares of Series D Preferred Stock, were validly tendered and not validly withdrawn. The Company has accepted all such validly tendered shares for exchange. In accordance with the terms of the Exchange Offer, participating holders will receive 5.5 shares of Common Stock for each share of Series D Preferred Stock validly tendered, for an aggregate of approximately 823,753 shares of Common Stock to be issued in connection with the Exchange Offer. The Company expects to settle the Exchange Offer on or about October 6, 2026.