Faropoint, the fast-growing investment firm focused on last-mile industrial properties, has sold a minority stake in its business to Invesco Real Estate.
Camber Real Estate Partners and Advance Realty Investors have sold more than 770,000 square feet of industrial space in Bergen County, brokers with Cushman & Wakefield announced.
A water technology company has leased 16,000 square feet of industrial space in the Whippany section of Hanover, according to a brokerage team with Lee & Associates New Jersey.
Investment firm Faropoint is using artificial intelligence to generate new insights on properties, improve its underwriting and support its growing industrial platform, providing a glimpse at a technology that is far from perfect but primed to disrupt commercial real estate in the years to come.
Real estate investment firm Faropoint has purchased two industrial buildings in Ridgefield, adding nearly 114,000 square feet in a sale-leaseback deal valued at $28.3 million.
Real estate investment firm Faropoint will have a new home in Hoboken after leasing nearly 19,000 square feet at the Waterfront Corporate Center complex.
Investment firm Faropoint has purchased a 151,000-square-foot industrial building in Branchburg for nearly $24 million, in a deal arranged by Cushman & Wakefield.
Investment manager Faropoint has secured a new credit facility to support its growing industrial portfolio, in the latest piece of some $1.6 billion in funding that it has closed since last summer.
Investment firm Faropoint has acquired a nearly 45,000-square-foot industrial building in the Bergen County borough of Oakland, in a newly announced deal by CBRE.
