Faropoint sells 28 Memphis industrial buildings for $86 million

By , Daily Memphian Updated: December 17, 2020 4:12 PM CT | Published: December 17, 2020 4:12 PM CT

The industrial real estate firm Faropoint had acquired in 2016 five of the buildings it just sold, and bought the other 23 buildings in 2018. Faropoint still owns a substantial amount of industrial space in Memphis.


Faropoint Ventures industrial real estate NAI Saig Co.
Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.

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