---
schema_version: "secwatch.filing_event.v1"
accession: "0000844059-22-000035"
form_type: "8-K"
ticker: "FRPH"
cik: "0000844059"
company_name: "FRP HOLDINGS, INC."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:24:02.965684+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FRP Holdings partners with Steuart for up to 10 D.C. projects; SIC buys 20% of Dock 79, The Maren

## Summary
- SIC acquired 20% TIC interest in Dock 79 for $15.186M cash plus $18.414M assumed debt.
- SIC acquired 20% TIC interest in The Maren for $14.1M cash plus $17.6M assumed debt.
- MRP/FRP JV will fund pre-development for up to four phases on SIC-owned properties in Buzzard Point.
- SIC has option to invest 10-35% in each phase JV; FRP/MRP commit at least 60% equity.
- SIC also gets options to acquire 10-20% stakes in The Verge, Square 644E, Riverfront III/IV.

## SEC filing metadata
- accession: 0000844059-22-000035
- form_type: 8-K
- ticker: FRPH
- cik: 0000844059
- company_name: FRP HOLDINGS, INC.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844059/000084405922000035/0000844059-22-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844059/000084405922000035/frph8k_sic.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844059-22-000035
- JSON: https://secwatch.observer/filing/0000844059-22-000035.json
- Plain text: https://secwatch.observer/filing/0000844059-22-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.