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0.0352112676056338 0.0352112676056338 0.0351408450704226 0.0352112676056338 0.0211267605633805 0.0281690140845071 0.0249295774647888 0.0422535211267606
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Medalist Diversified REIT Announces Extension of Clemson University Rental Agreement Through May 2022 for Its Clemson Best Western Property

Medalist Diversified REIT, Inc. (MDRR) 
Company Research Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that it has extended its rental agreement with Clemson University for the Company’s Clemson Best Western Plus property. Under the terms of the agreement, the university has agreed to extend its rental contract for the entire 148-room Clemson Best Western Plus property through May 15, 2022.“While we continue to implement our strategy to exit our hotel investments, in the interim, we are very pleased to continue our relationship with Clemson University,” stated Thomas E. Messier, Chairman and Chief Executive Officer of Medalist.About Medalist Diversified REIT Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commerc Show less Read more
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