Presidio Property Trust Provides Update on Model Home Activity SAN DIEGO, CA / ACCESSWIRE / March 16, 2021 / Presidio Property Trust, Inc. (NASDAQ:SQFT), an internally managed, diversified real estate investment trust, announced today that, in February of 2021, through its affiliated entities, it sold 4 model homes, and has nine homes for sale currently in escrow. The average sales price per model home sold in February was approximately $480,000, and the average holding period was approximately three years. "February of 2021 saw another month of strong performance of our model home segment," said Jack Heilbron, President and Chief Executive Officer. "Days on Market (DOM) for new homes in Texas, one of our core model home markets, was only 106 days, a slight improvement over the already strong 107 days for last month," said Heilbron.