Mergers & Acquisitions ·
Medalist Diversified acquires Pilot Point automotive service property for $5.4M
MDRRMedalist Diversified, Inc.
Medalist Diversified, Inc. completed the acquisition of the Pilot Point Property, a 15,118-square-foot automotive service building located in Aubrey, Texas, on September 17, 2026. The company paid $5,404,864 for the asset, funding the purchase with cash on hand. The property is subject to a net lease with Caliber Holdings, LLC (dba Caliber Collision Center), which represents 100% of the site's rental revenue. This transaction follows the earlier acquisition of an Overland Park, Kansas automotive service property in July 2026 and several recent dispositions of other real estate assets. Medalist Diversified operates as a diversified real estate investment trust focused on acquiring and managing single-tenant net lease properties.