other material
confidence high
sentiment positive
materiality 0.45
Presidio Property Trust announces KLJ Engineering lease commencement; adds $536K annual rent
Presidio Property Trust, Inc.
- KLJ Engineering commenced occupancy at Grand Pacific Center in Dec 2023 for 33,296 sq ft.
- Lease adds $536,080 in annualized base rent effective March 1, 2024.
- Grand Pacific Center is now 89% leased, solidifying top office building status in Downtown Bismarck.
- CEO highlights successful navigation of complex improvement project to facilitate KLJ's occupancy.