Faropoint buys 655,000 sq. ft. North Jersey industrial portfolio from Kushner for $133 million

A fast-growing investment firm has planted a flag in northern New Jersey, acquiring a 10-building industrial portfolio in Bergen and Morris counties for nearly $133 million.

JLL: Investors wanted for 655,000 sq. ft. light industrial portfolio in Bergen, Morris

A portfolio of 10 light industrial buildings in Bergen and Morris counties is on the market for sale, with the potential to draw offers in the range of $135 million.