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Stock impact report

BBX Logistics Properties Announces Venture with FRP Development Corp to Develop 182,000 Square Foot Logistics Park in Davie, Florida [Yahoo! Finance]

FRP Holdings, Inc. (FRPH) 
US:NASDAQ Investor Relations: frpholdings.com/investor-relations.html
Company Research Source: Yahoo! Finance
BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB), and FRP Development Corp , a Jacksonville-based full-service real estate investment and development company, announced today the successful acquisition of Signature Grand in Davie, FL. A joint venture between BBX Logistics Properties and FRP Development Corp intends to redevelop the 11.3-acre site into The Park at Davie , consisting of two buildings and approximately 182,000-square-feet of logistics space "We are excited to partner with FRP Development Corp on another joint venture," said Seth Wise, Chairman of BBX Logistics Properties. "The Park at Davie is planned to provide modern logistics solutions that address the increasing needs of the market and Fort Lauderdale-Hollywood International Airport and Port Everglades. We look forward to contributing to the economic growth of Davie and the broader South Florida region." "The acquisition of the Davie property is the culmination of an outstanding effort by our team to identify infil Show less Read more
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