• Sat. May 18th, 2024

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

Bynewsmagzines

May 24, 2023
This industrial facility at 1125 Hendricks Causeway in Ridgefield, New Jersey, was one of two industrial buildings acquired by Faropoint from Biazzo Dairy Products. (CoStar)

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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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