Other Events ·
Medalist Diversified, Inc. closed on the sale of the Ashley Plaza Shopping Center, a 164,012 square foot retail…
MDRRMedalist Diversified, Inc.
Medalist Diversified, Inc. closed on the sale of the Ashley Plaza Shopping Center, a 164,012 square foot retail property in Goldsboro, North Carolina, for $16,275,000 on July 31, 2026. The company used $10,060,697 of the proceeds to defease and retire the mortgage loan secured by the property. This transaction is part of a series of dispositions since December 31, 2025, including the sale of properties in Salisbury, Bowling Green, Huntsville, Chesapeake, Virginia Beach, Gastonia, and Chicago, as well as the deconsolidation of the XXV DST 1 entity following the sale of its Class 1 beneficial interests. The filing includes unaudited pro forma financial statements reflecting these dispositions and the deconsolidation. Medalist Diversified, Inc. operates in the real estate investment trust (REIT) industry, owning and managing a diversified portfolio of retail properties.