The Board of Directors of Presidio Property Trust, Inc. elected James R. Durfey as a director, effective December 11, 2019. Mr. Durfey shall serve until the Company's 2020 annual meeting of stockholders or until his successor is duly elected and qualified. In addition, the Board of Directors appointed Mr. Durfey to serve as a member of the Compensation Committee and as a member of the Nominating and Corporate Governance Committee. Mr. Durfey retired in 2017 from American Assets Trust, Inc., where he served as Vice President, Office Properties, since 2004.