secwatch.observer — SEC 8-K summary
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Issuer:     Broad Street Realty, Inc. (BRST)
CIK:        0000764897
Form:       8-K
Filed at:   2023-07-07T23:59:59+00:00
Accession:  0000950170-23-032131
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broad Street Realty sells Spotswood Valley Square Shopping Center for $23.0M cash
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- Sold 190,646 sq ft retail shopping center in Harrisonburg, VA for $23.0M cash on June 30, 2023.
- Proceeds repaid $14.1M of mortgage debt; net cash of $8.3M added to balance sheet.
- Pro forma nonrecurring gain on disposition of $11.7M recognized.
- Pro forma net loss per share for FY2022 improves from $(0.47) to $(0.45) after removing Spotswood operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764897/000095017023032131/0000950170-23-032131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764897/000095017023032131/brst-20230630.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-032131

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