---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-024733"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:46:02.303123+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-024733
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000110465926024733/0001104659-26-024733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000110465926024733/mdrr-20260305x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-024733
- JSON: https://secwatch.observer/filing/0001104659-26-024733.json
- Plain text: https://secwatch.observer/filing/0001104659-26-024733.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000110465926024733/0001104659-26-024733-index.htm

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