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PARSIPPANY, N.J. — A division of Altman, a South Florida-based investment firm formerly known as BBX Capital, will develop Apex Logistics at Parsippany, a 140,000-square-foot industrial project in Northern New Jersey. The 10.5-acre site is located about 30 miles from multiple air and seaports and currently houses an office building. Altman is developing the project in partnership with Renard Investments and DHS Real Estate Investment Management. Truist Bank has provided $22 million in construction financing for the project. Construction is expected to begin early next year and to last about a year.