Arnold & Porter Advises FRP in Strategic Acquisition of Interests from BBX’s Altman

The full-service real estate investment and development firm FRP Holdings, Inc. (FRP) recently received advice from Arnold & Porter regarding the acquisition of all interests held by Altman Logistics Properties, LLC (Altman), a subsidiary of BBX Capital, Inc., in five properties in various stages of development in Florida and New Jersey, as well as the assumption of an agreement by Altman to buy a sixth property in Florida.