---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-010400"
form_type: "8-K"
ticker: "SQFT"
cik: "0001080657"
company_name: "Presidio Property Trust, Inc."
filed_at: "2025-03-14T23:59:59+00:00"
generated_at: "2026-05-24T17:49:05.418116+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Presidio Property Trust reports maturity default on $11.1M loan secured by Dakota Center

## Summary
- Default on $11.1M non-recourse loan (June 2014) secured by Dakota Center in Fargo, ND.
- Working with lender and special servicer to sell property and settle debt.
- Default interest rate increases to 5% above original rate; Company pays lender's expenses.

## SEC filing metadata
- accession: 0001493152-25-010400
- form_type: 8-K
- ticker: SQFT
- cik: 0001080657
- company_name: Presidio Property Trust, Inc.
- filed_at: 2025-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080657/000149315225010400/0001493152-25-010400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080657/000149315225010400/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-010400
- JSON: https://secwatch.observer/filing/0001493152-25-010400.json
- Plain text: https://secwatch.observer/filing/0001493152-25-010400.txt

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