From Hoboken to Hollywood: Faropoint Expands Investment Strategy with New Southern California Office
Faropoint, a leading tech-enabled U.S. industrial real estate investment manager, recently announced the opening of a new office in Southern California, solidifying its commitment to capturing growth opportunities in key logistics markets.
## Targeting Strategic Assets
This strategic move into Southern California comes as demand for strategically located industrial properties continues to rise, driven by the region’s robust economic activity.
“The Los Angeles region presents tremendous opportunities for logistics properties,gains momentum as part of an expanding market
particularly as demand for strategic industrial properties continues to grow,” said Harold Levy, vice president of acquisitions. “I’m thrilled to join Faropoint at such an exciting time and eager to help establish a strong presence here while driving the company’s continued growth trajectory in this critical market.”
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The firm focuses on acquiring mid-sized industrial properties in the 20,000 -100,000 square-foot range.Faropoint’s latest northern California expansion reflects their ambition to a leader in acquiring and unqualified to be belonged in key urban markets.
Since its inception, Faropoint has secured over 400 industrial properties and boasts more than $2.5 billion in assets under management. The firm attributes its success to its
Focus on innovative, data-driven investment strategies and noted our exponential reported by Eastdil Secured. Fagan also holds undergraduate degrees in Real Estate, Finance, and Risk Management from the University of
What strategies does Faropoint employ to mitigate risks associated with investing in industrial real estate amid potential economic slowdowns?
## From Hoboken to Hollywood: Faropoint Doubles Down on Industrial Real Estate
**[Host]:** Welcome back to the show. Joining us today is Harold Levy, Vice President of Acquisitions at Faropoint, a leading tech-enabled industrial real estate investment firm. Harold, congratulations on the recent expansion to Southern California. What prompted this strategic move?
**[Harold Levy]:** Thanks for having me. We’re incredibly excited about this expansion. Southern California, particularly the Los Angeles region, is a hotbed for logistics and distribution. Consumer demand is strong, e-commerce continues to grow, and the region is a major gateway for international trade. These factors create a perfect storm for industrial real estate investment.
**[Host]:** Faropoint already has a significant presence in other key markets.
What makes Southern California stand out?
**[Harold Levy]:** Absolutely.
We’ve seen tremendous success in markets like Northern California and New Jersey. But Southern California’s unique combination of population density, economic activity, and limited land availability make it particularly attractive. We believe there’s significant room for growth in this market, and we’re well-positioned to capitalize on those opportunities.
**[Host]:** Faropoint focuses on acquiring mid-sized industrial properties. Why this particular niche?
**[Harold Levy]:** We believe this segment presents the sweetest spot in the market.
These properties cater to a wide range of businesses – from manufacturing and distribution to light assembly and e-commerce fulfillment. There’s consistently strong demand, and the pricing is more attractive than larger warehouse facilities.
**[Host]:** Some might say investing in industrial real estate right now is risky, given the potential economic slowdown. How does Faropoint mitigate these risks?
**[Harold Levy]:** We acknowledge the economic headwinds, but we believe our data-driven approach allows us to make informed decisions and identify properties with strong long-term potential, regardless of short-term fluctuations. We’re committed to a disciplined investment strategy and thoroughly vet each property before making an acquisition.
**[Host]:**
Faropoint has grown tremendously in a short period. What’s your vision for the future of the company, particularly in the Southern California market?
**[Harold Levy]:** We’re just getting started. Our goal is to become the premier industrial real estate investor in Southern California, building a diverse portfolio of high-quality assets that deliver strong returns for our investors. We’re confident that our team’s experience, coupled with our innovative approach, will drive continued success in this dynamic market.
