Medalist Diversified REIT sells two property portfolios for $16.35M total

Medalist Diversified, Inc.

Greenbrier Business Center in Chesapeake, VA sold for $11.0M; closing expected within 60 days.
Two single-tenant properties (Bowling Green, KY and Huntsville, AL) sold for $5.35M; closing within 45 days.
Buyers are CLM Acquisitions (Greenbrier) and FCPT Acquisitions (other two); both deals subject to customary conditions.
Earnest money deposits of $100K each required; no assurance either transaction closes.

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