Faropoint Completes Acquisition of Last-Mile Logistics Buildings in New Jersey’s Meadowlands

Faropoint, a Hoboken, New Jersey-based real estate investment firm that focuses on last-mile industrial real estate, announced the recent acquisition of two Class B industrial properties in its own backyard of Ridgefield, New Jersey, as part of a sale-leaseback transaction for a total of $28.3 million.

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