BEEP Profile
Mobile Infrastructure Corporation is a Maryland-based real estate investment firm established on May 4, 2015, with a primary focus on acquiring, owning, and leasing parking facilities and related infrastructure. The Company targets a diverse portfolio of parking assets, including parking lots, parking garages, and other structures, across key locations throughout the United States. Mobile Infrastructure Corporation's investment strategy emphasizes properties situated in major metropolitan areas, specifically the top 50 U.S. Metropolitan Statistical Areas (MSAs), where high demand drivers such as commercial hubs, event venues, government buildings, hospitality centers, and multifamily districts are prevalent.
As of June 30, 2023, the Company’s portfolio includes 43 parking facilities spanning 21 distinct markets across the United States. This extensive portfolio encompasses a total of 15,676 parking spaces and approximately 5.4 million square feet of parking area. The Company also owns around 0.2 million square feet of retail and commercial space adjacent to its parking facilities, further enhancing the value and utility of its holdings. This strategic integration of parking and commercial space positions Mobile Infrastructure Corporation to leverage synergies between parking operations and adjacent retail opportunities.
The Company’s business model capitalizes on high-traffic locations and strategically located parking assets to generate steady revenue streams from leasing arrangements. By focusing on properties in proximity to major demand drivers, Mobile Infrastructure Corporation aims to provide robust parking solutions that cater to the needs of various sectors, including retail, entertainment, and business. This approach not only enhances the operational efficiency of its facilities but also maximizes the potential for long-term growth and profitability.
Headquartered in Maryland, Mobile Infrastructure Corporation remains committed to expanding its footprint within the parking infrastructure sector. The Company’s ongoing acquisition strategy, combined with its focus on high-demand urban areas, underscores its dedication to building a diversified and high-value portfolio. Through its targeted investments and strategic property management, Mobile Infrastructure Corporation continues to solidify its position as a leading player in the parking facilities market.
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