CPTPCapital Properties, Inc.

About Capital Properties, Inc. (CPTP)

Capital Properties, Inc. (CPTP) is a Real Estate Services company headquartered in Providence, RI, United States whose shares trade over-the-counter on the OTCQX tier.

Capital Properties, Inc.'s, and its wholly-owned subsidiary, Tri-State Displays, Inc.'s, operations consist of the long-term leasing of certain of its real estate interests in downtown Providence, Rhode Island, and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts to Lamar Outdoor Advertising, LLC which has constructed outdoor advertising boards thereon.

Products and services

The Company’s principal business is the leasing of Company-owned land in Capital Center (“Capital Center”) and property adjacent to the Capital Center (Parcel 20) in downtown Providence, Rhode Island under long-term ground leases with terms of 99 years or more. (Hereinafter, the land in Capital Center and Parcel 20 are referred to as parcels within the “Capital Center Area”). The Company owns approximately 18 acres in Capital Center consisting of 13 individual parcels. The Capital Center (approximately 77 acres of land) is the result of a development project undertaken by the State of Rhode Island, the City of Providence, the National Railroad Passenger Corporation (“Amtrak”) and the Company during the 1980’s in which two rivers, the Moshassuck and the Woonasquatucket, were moved, Amtrak’s Northeast Corridor rail line was relocated, a new Amtrak/commuter railroad station was constructed and significant public improvements were made to improve pedestrian and vehicular traffic in the area.

CPTP key facts

Ticker symbol

CPTP

Market tier

OTCQX

Sector

Real Estate

Industry

Real Estate Services

Headquarters

Providence, RI, United States

Country of incorporation

US

Year of incorporation

1983

Employees

3

Estimated market cap

$64.35M (as of May 6, 2025)

Shares outstanding

6,599,912

Reporting standard

U.S. Reporting: SEC Reporting

Audit status

Audited

Fiscal year end

12/31

Latest filing

Quarterly Report (Mar 31, 2025)

Capital Properties, Inc. leadership

• Robert H. Eder — CEO, President
• Stephen J. Carlotti — Corporate Secretary
• Susan R. Johnson — Treasurer

Explore more: Real Estate Services stocks · Real Estate sector · OTCQX stocks · OTC stocks starting with C