Medalist Diversified, Inc. (MDRR): M&A transaction — Medalist Diversified REIT closes $9.93M sale of Salisbury Marketplace Shopping Center

Medalist Diversified, Inc.

Sales price of $9,930,000 received for the property at 2106 Statesville Blvd., Salisbury, NC.
Buyer Salisbury SC LLC is unaffiliated; transaction arm's length.
Company expects to use proceeds to repay a portion of existing debt.
Sale was previously disclosed under an August 8, 2025 Purchase and Sale Agreement.
Closure occurred on October 23, 2025.

item 2.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Medalist Diversified, Inc. completed a disposition involving Salisbury SC LLC for $9,930,000 (closed 2025-10-23).

Action: disposition
Counterparty: Salisbury SC LLC
Consideration: $9,930,000
Closing: 2025-10-23

Exact text from the filing

On October 23, 2025, the Company closed on the sale of the Property. The total sales price received for the Property was $9,930,000.

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Medalist Diversified, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-101861

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