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FRP Holdings, Inc.

Company Description

FRP Holdings, Inc. is a holding company which is engaged in the provision of real estate services. It operates through the following segments: Asset Management, Mining Royalty Land, and Land Development and Construction. The Asset Management segment owns, leases, manages and operates commercial office and warehouse buildings primarily located in the Baltimore, Northern Virginia and Washington DC area. The Mining Royalty Land segment owns real estate predominately in Florida and Georgia that is leased to mining companies in exchange for royalty or land rental income. The Land Development and Construction segment acquires, owns, entitles, and develops land to be used for income production via construction by the company of warehouse and offices for its Asset Management segment and other commercial, residential and mixed use projects through joint ventures or sales to third parties. The company was founded on December 4, 2014 and is headquartered in Jacksonville, FL. [Source: MarketWatch]

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