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Stock impact report

Medalist Diversified REIT Announces First Half 2022 Leasing Activity

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 and managing commercial real estate in the Southeast region of the U.S., owned nine properties, including five retail center properties consisting of 633,013 square feet, three flex center properties consisting of 218,269 square feet, and one hotel property, as of June 30, 2022.During the first six months of 2022, Medalist has seen significant leasing activity in its retail and flex center property portfolio. During the first half of 2022, Medalist entered into 10 new leases totaling 42,536 square feet for previously vacant space or to replace tenants with expiring leases, and entered into seven lease renewals with existing tenants for a total of 33,059 square feet. This leasing activity brings the occupancy of Medalist’s properties (excluding the recently acquired Salisbury Marketplace property) t Show less Read more
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