Mobile Infrastructure Corp (BEEP) Earnings

Mobile Infrastructure Corp. engages in the acquisition, ownership, and lease of parking facilities and related infrastructure, including parking lots, parking garages, and other parking structures. The company is headquartered in Cincinnati, Ohio and currently employs 18 full-time employees. The company went IPO on 2021-05-19. The firm invests primarily in parking lots and garages and relies on in-house expertise and technologies to optimize asset utilization. The company is focused on acquiring, owning and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures. The firm owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. The firm targets both parking garage and surface lot properties primarily in the United States Metropolitan Statistical Areas. The company owns approximately 43 parking facilities located in 21 separate markets throughout the United States, with more than 15,700 parking spaces and approximately 5.4 million square feet. The company also owns approximately 0.2 million square feet of retail/commercial space adjacent to its parking facilities.