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Stock impact report

Medalist Diversified REIT Provides Update on its Commercial and Hotel Properties

Medalist Diversified REIT, Inc. (MDRR) 
Company Research Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (Nasdaq: MDRR) (the “Company”) a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions, is pleased to provide this property update.Commercial PropertiesOur company owns three retail properties and one flex center property in the Southeast. As of today, each of our company’s properties are open and operating. The occupancy rate of each property is as follows:Hanover Square Shopping Center – Located in Mechanicsville Virginia – 94.6% occupiedAshley Plaza Shopping Center - Located in Goldsboro, North Carolina – 98.0% occupiedFranklin Square Shopping Center - Located in Gastonia, North Carolina – 83.3% occupiedBrookfield Flex/Industrial Center – Located in Greenville, North Carolina – 93.8% occupiedWhile our company has granted relief to certain tenants through rent deferral and abatement agreements due to t Show less Read more
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