FRP Holdings Acquires Altman Logistics Properties Business and Development Pipeline

Reuters

Oct 22, 2025

FRP Holdings Acquires Altman Logistics Properties Business and Development Pipeline

FRP Holdings, Inc. has completed the acquisition of the business operations and development pipeline of Altman Logistics Properties, LLC, an operating platform of BBX Capital. Altman Logistics holds minority interests in a portfolio of institutional-grade industrial assets at various stages of development, including projects in Lakeland and Broward County, Florida, as well as a contract for the purchase of an industrial land parcel. According to FRP Holdings, this transaction expands the company's industrial platform and talent base by adding an experienced team with proven development expertise, supporting efforts to double net operating income over the next five years and enhancing opportunities for both wholly owned and joint venture projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FRP Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1090373) on October 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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