---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-007357"
form_type: "8-K"
ticker: "SQFT"
cik: "0001080657"
company_name: "Presidio Property Trust, Inc."
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T01:56:35.823087+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Presidio Property Trust subsidiary defaults on $17.7M note; court appoints receiver for Shea Center II

## Summary
- Wells Fargo issued Default Notice on Jan 21, 2026 for failure to repay $17,727,500 note due Jan 5, 2026.
- On Feb 13, 2026, court appointed Trigild IVL as receiver over Shea Center II property in Douglas County, CO.
- Presidio and subsidiary are enjoined from collecting rents and must turn over all property-derived sums to receiver.
- Receiver has full power to operate, manage, and preserve the property; monies applied per court order.

## SEC filing metadata
- accession: 0001493152-26-007357
- form_type: 8-K
- ticker: SQFT
- cik: 0001080657
- company_name: Presidio Property Trust, Inc.
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080657/000149315226007357/0001493152-26-007357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080657/000149315226007357/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-007357
- JSON: https://secwatch.observer/filing/0001493152-26-007357.json
- Plain text: https://secwatch.observer/filing/0001493152-26-007357.txt

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