Business Information
The group's principal activities are to own, lease and operate real estate properties and petroleum storage facilities. The group's operations are conducted through two business segments: leasing and petroleum facilities. The group owns approximately 18 acres of land in the capital center project area in downtown providence, Rhode Island which it leases or is holding for lease to third parties. The group also owns a 330-car parking garage adjacent to a rail passenger station in downtown providence, Rhode Island, together with the underlying land, which is leased under a short-term cancelable lease to a firm experienced in parking operations. The group through its subsidiary, owns a 524,500 barrel petroleum storage facility and operates the petroleum facilities under a five-year agreement with a petroleum distribution company at a fixed monthly rate. Leasing accounted for 61% of 2003 revenues and petroleum storage facilities, 39%.
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Name |
Title
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Email
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| Robert Eder | Chmn., CEO | N/A | | Avery Noe | Pres. - Capital Terminal Company | N/A | | Alfred Corso | Dir. | N/A | | Harris Rosen | Dir. | N/A | | Ronald Chrzanowski | Dir., Pres. | N/A |
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Year |
Sales |
Net Income |
| 2006 | 5,789 | 1,319 | | 2005 | 6,463 | 1,663 | | 2004 | 7,075 | 1,561
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