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Tech-Enabled Firm Expands Development Pipeline with Two-Building Project in High-Demand Exit 9 Submarket

Pension fund commits $50m to Faropoint Industrial SLB Fund

Faropoint has qcquired 48-50 Best Friend Road and 1056 Personal Place, two infill light industrial proeperties located in Atlanta's premier Northeast and I-85 South/Airport submarkets

Faropoint has grabbed a $150 million acquisition loan that will play a role in supporting the tech focused real estate manager's industrial real Sale Leasback (ISLBM) fund

The industrial asset manager launched a $300M sale-leaseback fund dedicated to buying properties from tenants to lease back to them, giving tenants an easy way to secure the cash they need to keep going and allowing Faropoint to aggregate warehouse portfolios it can sell to larger investors.

The refinancing frees up capital for the real estate firm.