Strategic Acquisition Expands Industrial Platform and Talent Base

Group 1 - The company, FRP Holdings, Inc., has completed the acquisition of Altman Logistics Properties, LLC, which is part of BBX Capital [1] - Altman Logistics holds minority interests in a portfolio of institutional-grade industrial assets at various stages of development [1] - The acquisition includes the company's industrial developments in Lakeland and Broward County, FL, as well as a contract for purchasing an industrial land parcel [1]