Capital Properties Inc. Stock Analysis CPTP

Capital Properties, Inc. engages in the provision of real estate management. The company is headquartered in Providence, Rhode Island and currently employs 2 full-time employees. The Company’s real properties are leased either under long-term leases or short-term leases. The firm owns approximately 18 acres in Capital Center consisting of 13 individual parcels. Capital Center, which is approximately 77 acres of land, is the result of a development project undertaken by the state of Rhode Island, the City of Providence, and the National Railroad Passenger Corporation (Amtrak). The firm also owns or controls 23 locations in Rhode Island and Massachusetts on which 44 billboard faces have been constructed. The firm also leases Parcels 3E, 3W, 4E, 4W and a portion of Parcel 20 in the Capital Center Area for public parking purposes to Metropark, Ltd.