The company has invested $130 million since entering the Philadelphia market a year ago.
The industrial real estate landscape looks vastly different than how it did 10 years ago – it morphed and developed in ways that were nearly impossible to predict, and the challenge to stay ahead of the curve remains. Tune in to Faropoint’s Founder and CEO Adir Levitas discussing the current and future state of industrial real estate with CBRE Vice Chairman Michael Hines, in the 9th installment of our podcast program.
The company’s Texas portfolio currently consists of about 15 properties totaling some 1.3 million square feet.
Cherre’s turnkey data management platform will enable Faropoint to leverage their data for deeper analysis and better decision making.
The New Jersey real estate investment firm plans to acquire an additional $1 billion of assets across the U.S. over the next two years.
DECATUR, GA. — Faropoint has purchased an eight-building industrial portfolio totaling 255,013 square feet on 12.6 total acres in Decatur. Faropoint bought the property for a total of $23 million. Construction Resource is the seller and tenant. The company sold the properties to Faropoint and has leased the buildings back.