 Medalist Diversified REIT, Inc. Nasdaq: MDRR the Company, a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions, announced today the closing of its underwritten public offering of 200,000 shares of the Companys 8.0 Series A Cumulative Redeemable Preferred Stock, liquidation preference of 25.00 per share, at a public offering price of 23.00 per share with gross proceeds to the Company of 4,600,000 before deducting underwriting discounts, commissions, and expenses. Shares of the Series A Preferred Stock trade on the Nasdaq Capital Market under the symbol MDRRP. 