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Balance Sheet Cash Flow Statement 100 Dexter Rd. East Providence, RI 02914 RI Tel. 401-435-7171 Fax 401-435-7179 |
Type: Public
Employees:
10
Employee growth: 400.0%
Was it providence or clear foresight that led Capital Properties to buy land in what is now Capital Center, a downtown revitalization project in Providence, Rhode Island? The company owns and leases out about a dozen parcels of land totaling some 18 acres in the project area, making it Capital Center's largest landowner. Subsidiaries of Capital Properties own and operate a petroleum storage facility in East Providence used by Global Partners, and lease land to Lamar Advertising for roadside billboards in Rhode Island and Massachusetts. Chairman and CEO Robert Eder and his wife Linda together own about 52% of Capital Properties, which intends to delist from the NYSE Euronext in 2008.
Key numbers for fiscal year ending December, 2008:
Sales: $6.8M
One year growth: 0.9%
Net income: $1.6M
Income growth: 13.6%
Officers:
Chairman, President, and CEO: Robert H. Eder
Treasurer, Principal Financial Officer, and Principal Accounting Officer: Real Estate
Competitors:
First Hartford
Getty Realty
Gilbane Development
