Faropoint, a real estate investment firm focused on last-mile industrial properties, has sold 109 institutional-quality, last-mile logistics buildings to a private buyer for $481 million. The portfolio consists of 6.8 million square feet of warehouse space largely concentrated in Atlanta, Philadelphia, Houston and Memphis.
Justin from Lee & Associates welcomes Jordan Kovalsky from Faropoint to discuss growing an industrial platform. Jordan discusses her investment strategies while growing in the Chicago market and what comes next for Faropoint.
Itay Ron, SVP, Northeast Market Leader, was chosen as the rising start of the year in Philadelphia Business Journal
If you can’t be bigger than your competition, be smarter and quicker.
Faropoint, a leading real estate investment firm focused on last-mile industrial properties in high population growth markets, today announced it has acquired a 10-building portfolio located throughout Northern New Jersey from Kushner Companies for $132.5 million, as part of the company’s continued national expansion.
An international real estate investment firm recently purchased its third industrial property near O’Hare International Airport since July.