Summary
FRP Holdings, Inc. engages in the real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and Stabilized Joint Venture. The Asset Management segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment owns various properties comprising approximately 15,000 acres under lease for mining rents or royalties primarily in Florida, Georgia, and Virginia. This segment also owns an additional 107 acres of investment property in Brooksville, Florida. The Development segment owns and monitors the use of parcels of land that are in various stages of development. The Stabilized Joint Venture segment owns, leases, and manages a 305-unit residential apartment building with approximately 14,430 square feet of first floor retail space; 264-unit residential apartment building with 6,758 square feet of retail space; and 294-unit garden-style apartment community located in Henrico County, Virginia that consists of 19 three-story apartment buildings containing 273,940 rentable square feet. FRP Holdings, Inc. was incorporated in 2014 and is based in Jacksonville, Florida.
History
FRP Holdings, Inc. was founded in 1992 and has grown to become one of the largest publicly traded industrial real estate companies in the United States. The Company is based in Jacksonville, Florida and is a fully integrated owner, developer, operator and asset manager of industrial and retail properties throughout the United States
Mission
FRP Holdings, Inc. is committed to adding value to its portfolio for shareholders and customers by acquiring, developing, owning and managing quality properties that match tenant needs and create long term relationships with our tenants and customers
Vision
FRP Holdings, Inc. aspires to be a leader among industrial real estate companies and an example of providing an appropriate return to shareholders while providing quality services to our tenants, customers and stakeholders
Key Team
Mr. John D. Baker III (CFO & Treasurer)
Mr. John D. Klopfenstein (Chief Accounting Officer & Controller)
Mr. John D. Milton Jr. (Exec. VP, Sec. & Gen. Counsel)
Mr. Wallace A. Patzke Jr. (Exec. Officer)
Mr. James J. Gilstrap (Exec. Officer)
Recognition and Awards
FRP Holdings, Inc. has won numerous real estate excellence awards. The company was the recipient of the East Coast Association of Industrial Real Estate Brokers Annual Deal of the Year Award in 2004 and 2006, and was selected by NAIOP as the Florida Industry Marketing Award winner in 2000 and 2001. The Company has also been named among the Top 25 Companies/Firms for Owners and Developers by Costar in 2005 and 2006.
References
United States 