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Faropoint Sells 109-Property Industrial Portfolio for $481 Million

Warehouses Are Located in Atlanta, Houston, Memphis and Philadelphia Markets
Faropoint, an Israeli real estate investment firm, has its U.S. headquarters in Hoboken, New Jersey. (CoStar)
Faropoint, an Israeli real estate investment firm, has its U.S. headquarters in Hoboken, New Jersey. (CoStar)
CoStar News
July 5, 2022 | 10:20 P.M.

Faropoint, whose U.S. headquarters is in Hoboken, New Jersey, has sold a portfolio of more than 100 so-called last-mile warehouses for $481 million.

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