Medalist Diversified REIT agrees to sell Ashley Plaza retail property for $16.6M

Medalist Diversified, Inc.

Sale of 156,012 sq ft Ashley Plaza in Goldsboro, NC to HPX Goldsboro Ashley Center LLC for $16.6M.
Initial deposit of $150,000 due within 2 business days; second $150,000 deposit after 30-day due diligence.
Closing expected within 90 days; buyer may extend closing once for 30 days with $50,000 additional deposit.
Property tenants include Hobby Lobby, Harbor Freight, Planet Fitness, Ashley HomeStore, Citi Trends, and Chuck E. Cheese.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Medalist Diversified, Inc. entered into Purchase and Sale Agreement with HPX Goldsboro Ashley Center LLC valued at $16,600,000 (effective 2026-03-05).

Action: entry
Agreement: asset purchase
Counterparty: HPX Goldsboro Ashley Center LLC
Value: $16,600,000
Effective: 2026-03-05

Exact text from the filing

On March 5, 2026, (the “Effective Date”), MDR Ashley Plaza, LLC, a Delaware limited liability company (the “Seller”), entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”), with HPX Goldsboro Ashley Center LLC, a Delaware limited liability company (the “Purchaser”), whereby the Purchaser agreed to acquire (the “Acquisition”) a 156,012 square foot retail property located at 201–221 North Berkeley Boulevard in Goldsboro, North Carolina (the “Ashley Plaza Property”).

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Medalist Diversified, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-024733

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