Development firm FRP Holdings Inc. has acquired interests in two New Jersey industrial projects as part of a larger deal for what’s known as Altman Logistics Properties LLC.
A joint venture has closed on a $22 million construction loan to build 140,000 square feet of new industrial space in Parsippany, with plans to break ground in the weeks ahead.
A joint venture is planning some 140,000 square feet of new logistics space in Parsippany after acquiring an aging office building just south of Interstate 80.