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Faropoint Completes $105 Million Off-Market Acquisition of 16-Building Portfolio in Jacksonville, FL and Memphis, TN

Tech-Enabled Firm Expands National Footprint with Multi-Market Acquisition Totaling 1.7 Million Square Feet

Faropoint Launches $300 Million Industrial SLB Fund, Seizing Sale-Leaseback Opportunities in a Liquidity-Constrained Market

Tech-Enabled Firm Targets Prime Infill Industrial Assets Secured by Long-Term Leases

Texas ERS among investors backing Faropoint’s US industrial fund

Employees Retirement System of Texas contributed to Faropoint’s third US industrial real estate fund which closed last month with $915m in commitments. The pension fund said it made a $75m commitment to the Faropoint Industrial Value Fund III.

Faropoint Closes Flagship Urban Industrial Value Fund III with $915 Million, Exceeding Target Fund Size and Attracting Top-Tier Global Investors

Faropoint held a final close for its Industrial Value Fund III with $915 million in commitments, exceeding its $750 million target.

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