---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-010034"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T04:56:36.281372+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Medalist Diversified REIT agrees to sell Shops at Franklin Square for $24.5M

## Summary
- Total consideration $24.5M for 134,239 sq ft retail property in Gastonia, North Carolina.
- Earnest money deposit of $150,000 due within 3 business days of February 3, 2026.
- Closing expected within 45 days, subject to customary conditions; no assurance of completion.
- Property sold "as is, where is" with standard representations and warranties.

## SEC filing metadata
- accession: 0001104659-26-010034
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000110465926010034/0001104659-26-010034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000110465926010034/mdrr-20260203x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-010034
- JSON: https://secwatch.observer/filing/0001104659-26-010034.json
- Plain text: https://secwatch.observer/filing/0001104659-26-010034.txt

## Key facts
- Material Agreements
  Medalist Diversified, Inc. entered into Purchase and Sale Agreement with PC Acquisitions, LLC valued at $24,500,000 (effective 2026-02-03).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: PC Acquisitions, LLC
  - Value: $24,500,000
  - Effective: 2026-02-03
  source text: On February 3, 2026, (the “Effective Date”), MDR Franklin Square, LLC, a Delaware limited liability company (the “Seller”), entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”), with PC Acquisitions, LLC, a North Carolina limited liability company (the “Purchaser”), whereby the Purchaser agreed to acquire (the “Acquisition”) the Shops at Franklin Square, a 134,239 square foot retail property located in Gastonia, North Carolina (the “Franklin Square Property”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000110465926010034/0001104659-26-010034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.