FRP HOLDINGS, INC.
JACKSONVILLE, FLORIDA

FRP Holdings, Inc., incorporated in Florida on April 22, 2014, with a filing number of P14000036126, operates as a diversified real estate company. The headquarters are based at 200 West Forsyth Street, 7th Floor, Jacksonville, FL, 32202. Strategically focused and led by prominent officers such as John Djr. Milton (EVP), David Hjr. Devilliers (President), and John D Klopfenstein (CAO), FRP Holdings has established itself in the development and management of commercial and industrial properties, particularly within the Baltimore/Washington DC/Northern Virginia market area — a region noted for its consistent top ranking in industrial/warehouse performance. The company concentrates on constructing Class A warehouse and office facilities between 60,000 to 150,000 square feet primarily for multi-tenant use. This initiative is aimed at generating cash flow and fostering future value appreciation through leasing activities supported by an efficient in-house property management team. FRP's portfolio expansion includes over 3.6 million square feet of developed spaces across diverse asset classes. Additionally, through its subsidiary, Florida Rock Properties, Inc., the company owns a significant real estate holding estimated at approximately 15,000 acres located mainly in Florida and Georgia. These are leased for mining with notable tenants like Vulcan Materials, Martin Marietta, and Cemex. The potential growth in construction across these states is seen as an opportunity to enhance profitability. The properties provide 'second lives' through strategic land planning post-mining. FRP Holdings also actively engages in the acquisition, entitlement, and development of parcels tailored for commercial/industrial applications. Several strategically positioned business parks feature 'build-to-suit' sites offering opportunities for expansion, further diversifying their real estate investments. An example is a 6-acre property near Washington Nationals baseball park in DC, poised for mixed-use development. FRP Holdings maintains a strong balance sheet and operational strategy focused on sustainable growth and shareholder value maximization. More information about the company can be found at [frpholdings.com](http://www.frpholdings.com).