Altman Industrial Acquisition and Development Pipeline Expansion
Sector: Manufacturing (Industrial) • Location: United States
Source: TipRanks
FRP Holdings closed the Altman industrial acquisition for approximately $33.5 million, adding roughly 1.6 million square feet to its industrial development pipeline. This deal extends FRP's reach in Florida and New Jersey, focusing on coastal infill industrial markets with constrained long-term supply. The current development pipeline totals around $441 million of project costs with an estimated $
- Status
- Closed
- Sector
- Manufacturing (Industrial), Commercial, Residential
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- TipRanks
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Project Information
Participants
| Not available for this record. |
Status
Original status | completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | FRP Holdings closed the Altman industrial acquisition for approximately $33.5 million, adding roughly 1.6 million square feet to its industrial development pipeline. This deal extends FRP's reach in Florida and New Jersey, focusing on coastal infill industrial markets with constrained long-term supply. The current development pipeline totals around $441 million of project costs with an estimated $30 million of stabilized incremental NOI over time. |
Original sector | Industrial Development |
Budget |
Location
Country | United States of America (USA) |
Source
Source | TipRanks |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Commercial, Residential |
Article published date | 2026-05-21 |
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