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Faropoint bought the properties from Camber Real Estate of Montclair, N.J., in a deal arranged by Cushman & Wakefield. The two properties are: - Allendale Shallow-Bay Industrial Park, with 370,000 sf at 1-3 and 5-7 Pearl Court in Allendale. It ...
The Real Deal Faropoint has paid $145 million, or $188.31/sf, for a portfolio of two industrial properties totaling 770,000 sf in the northern New Jersey towns of Allendale and Mahwah. The Jersey City, N.J., investor bought the properties from Camber ...
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