MDRR · Medalist Diversified REIT, Inc.

Summary

Medalist Diversified REIT, Inc.'s subsidiary MDR Ashley Plaza, LLC entered into a Purchase and Sale Agreement dated March 5, 2026, to sell the 156,012 square foot Ashley Plaza retail property in Goldsboro, North Carolina, to HPX Goldsboro Ashley Center LLC for $16,600,000, subject to prorations, with closing expected within 90 days.

Key takeaways

• Seller: MDR Ashley Plaza, LLC (Medalist Diversified REIT, Inc. subsidiary)
• Purchaser: HPX Goldsboro Ashley Center LLC
• Property: Ashley Plaza, 156,012 sq ft retail at 201–221 North Berkeley Boulevard, Goldsboro, NC
• Purchase Price: $16,600,000 subject to prorations
• Earnest Money: $150,000 within 2 business days of Effective Date + $150,000 within 3 business days post Due Diligence Period
• Closing: Expected within 90 days; conditions remain, no assurance of completion