Medalist’s status as a NASDAQ-listed, SEC-reporting parent lets advisors diligence audited financials and governance disclosures on the sponsor itself, not just on the asset.

August 11, 2026

IRVINE, Calif., August 11, 2026 — Medalist Diversified, Inc. (NASDAQ: MDRR) today announced that MDRR XXV DST 1, a Delaware Statutory Trust program sponsored by the Company, closed its inaugural fully subscribed offering, on August 7, 2026.

The offering raised $8,586,240 in equity from accredited 1031 exchange investors against a total capitalization of $16,296,240.

The Asset

MDRR XXV DST 1 holds a 45,190-square-foot single-tenant net-leased sales, service and delivery facility at 312 East Nine Mile Road in Pensacola, Florida, situated on 3.47 acres. The property is 100% leased to Tesla, Inc., which is rated BBB with a stable outlook by S&P Global Ratings.

The facility was renovated in 2025 to Tesla’s build-to-suit specifications and includes a vehicle sales showroom, more than 20 service bays, a customer delivery center, parts and inventory storage, eight Supercharger stations and over 150 parking spaces. It serves as Tesla’s sales, service and delivery hub for Northwest Florida and Southern Alabama, a market of more than 500,000 residents anchored by Naval Air Station Pensacola.

Sponsor

Medalist sponsors its DST offerings through MDI Sponsor, LLC, a wholly owned subsidiary of Medalist Diversified, Inc. Because the sponsor’s parent is a NASDAQ-listed, SEC-reporting company with an independent board, financial advisors and their due diligence teams can evaluate audited public financials and governance disclosures for the sponsor organization.

“We believe that closing our first offering validates the thesis behind this platform,” said Peter Elwell, Managing Director, DST Investments at Medalist Diversified. “We are focused on sourcing investments characterized by institutional quality tenants, long-term leases and conservative use of leverage.”

“As a public reporting company, MDRR’s financial statements, corporate governance practices, and platform history are publicly available and subject to SEC reporting requirements,” said Ronald Nielsen, Executive Vice President, Sponsor Operations.

About Medalist Diversified, Inc.

Medalist Diversified, Inc. (NASDAQ: MDRR) is a publicly traded real estate company headquartered in Richmond, Virginia. Through its subsidiary, MDI Sponsor, LLC, the company sponsors Delaware Statutory Trust offerings for accredited 1031 exchange investors, focusing on net-leased assets with institutional-quality tenants, long-term leases and conservative leverage. For more information, visit www.medalistdst.com.

Media Contact

Ronald Nielsen
Executive Vice President, Sponsor Operations
rnielsen@medalistDST.com
(949) 415-6633

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any such offer is made only by means of a private placement memorandum and only to accredited investors as defined under Rule 501 of Regulation D. Securities offered through registered broker-dealers. Past performance is not indicative of future results. Real estate investments involve risk, including possible loss of principal. Distributions are not guaranteed and are subject to available cash flow. Forward-looking statements are subject to risks and uncertainties described in the company’s filings with the Securities and Exchange Commission.