Strategic acquisition expands industrial platform and talent base

Jacksonville, fl / access newswire / october 21, 2025 / frp holdings, inc. (nasdaq:frph) announced today that the company has completed the closing on its purchase and sales agreement to acquire 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 under various stages of development (including the company's industrial developments in lakeland and broward county, fl) as well as a contract for the purchase of an industrial land parcel.
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