---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-000875"
form_type: "8-K"
ticker: "PW"
cik: "0001532619"
company_name: "Power REIT"
filed_at: "2023-01-09T23:59:59+00:00"
generated_at: "2026-06-20T17:48:17.655608+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Power REIT sells five CA solar ground leases for $2.5M; cites cannabis tenant pressures

## Summary
- Sold five ground leases on utility solar farms in Tulare County, CA for $2.5M gross to unaffiliated third party.
- Properties originally acquired in 2013 for $1.55M; sale part of strategic liquidity review.
- Shifting focus to Controlled Environment Agriculture (greenhouses) with significant cannabis cultivation tenant exposure.
- Wholesale cannabis market changes pressuring tenants; exploring additional asset sales to enhance shareholder value.

## SEC filing metadata
- accession: 0001493152-23-000875
- form_type: 8-K
- ticker: PW
- cik: 0001532619
- company_name: Power REIT
- filed_at: 2023-01-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532619/000149315223000875/0001493152-23-000875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532619/000149315223000875/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-000875
- JSON: https://secwatch.observer/filing/0001493152-23-000875.json
- Plain text: https://secwatch.observer/filing/0001493152-23-000875.txt

## Key facts
- M&A Transactions
  Power REIT completed a disposition for $2.5 million (closed 2023-01-06).
  - Action: disposition
  - Consideration: $2.5 million
  - Closing: 2023-01-06
  source text: On January 6, 2023, a wholly owned subsidiary of Power REIT sold its interest in five ground leases related to utility scale solar farms located in Tulare County, California for gross proceeds of $2.5 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532619/000149315223000875/0001493152-23-000875-index.htm

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