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Faropoint Ventures Buys Industrial Buildings at Willow Lake Business Park for $16.5 Million

HSA Commercial Real Estate Sells 85% Leased Facilities in Memphis
An 86,700-square-foot flex building at Willow Lake Business Park in Memphis. Photo: CoStar
An 86,700-square-foot flex building at Willow Lake Business Park in Memphis. Photo: CoStar
By Joanna Pagar
CoStar Research
May 8, 2019 | 6:24 P.M.

Israel-based investor Faropoint Ventures purchased seven industrial and flex buildings totaling 628,718 square feet at Willow Lake Business Park in Memphis from HSA Commercial Real Estate for $16.5 million, or about $26 per square foot.

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