Faropoint Launches Flagship Industrial Value Fund IV Targeting $1 Billion

Teacher Retirement System of Texas Commits $225 Million as Anchor Investor

HOBOKEN, N.J.--(BUSINESS WIRE)--Faropoint, a vertically integrated real estate investment manager focused on urban logistics, announced the launch of its flagship Industrial Value Fund IV, targeting $1 billion in capital commitments. The Fund and its sidecar have secured a combined $225 million in seed commitments from the Teacher Retirement System of Texas (TRS).

Fund IV follows its predecessor, Fund III, which raised $916 million (including $29m in co-investments), surpassing its $750 million target, and is now mostly deployed across approximately 200 properties representing $1.8 billion in Gross Asset Value (GAV). Fund IV will continue its pure play strategy and capitalize on ongoing urban logistics tailwinds, as well as the sector’s fragmented and largely uninstitutionalized nature, which has high entry barriers for traditional investors.

Fund IV will pursue assembling a portfolio of approximately 200–250 assets, primarily targeting suite sizes between 20,000 and 40,000 square feet, with a property size of 20,000-100,000 square feet. The Fund will invest across gateway, primary, and select secondary U.S. markets, applying Faropoint’s proprietary sourcing and pipeline management system, FarOS, to identify and transact on high-value opportunities with speed and precision. Faropoint’s REXy, an in-house AI-driven asset valuation and mark-to-market underwriting engine, will continue to play a central role in optimizing portfolio construction and underwriting discipline. Both FarOS and REXy are standard across Faropoint’s operational stack, enabling scalable decision-making grounded in proprietary data and advanced analytics.

The Fund’s primary strategy remains mark-to-market, particularly in markets where in-place rents are materially below market. This will be complemented by lease-up opportunities in undersupplied corridors and a dedicated strategic development sleeve. These development efforts will be selectively deployed in supply-constrained core markets where rental rates have increased enough to warrant new construction.

“Fund IV represents our ongoing commitment to pairing local market expertise with cutting-edge technology to drive value while attempting to minimize downside risk,” said Adir Levitas, CEO of Faropoint. “With access to over $30–40 billion in deal flow annually through FarOS and market insight driven by REXy, we believe we are uniquely positioned to construct diversified portfolios that reflect secular urban logistics trends and dynamic tenant needs.”

“In today’s challenging fundraising environment, we’re genuinely humbled by the strong support we’ve received from both long-standing partners and new institutional investors,” said Raz Rahamim, Global Head of Capital Development. “We believe this speaks not only to the compelling long-term fundamentals of urban logistics, but also to the trust placed in Faropoint’s disciplined and technology-driven approach to navigating a fragmented and operationally complex sector.”

The initial close for Fund IV occurred in June 2025, and Faropoint is actively pursuing acquisition and development opportunities across its target markets.

For inquiries or to learn more about Faropoint's investment strategies, please contact Ori Regev, SVP, Head of Product Marketing, at [e-mail].

About Faropoint

Faropoint is a tech-enabled, vertically integrated real estate investment manager specializing in U.S. urban logistics. Since its inception in 2012, the firm has acquired more than 500 warehouses totaling over $3.5 billion in assets across 16 key U.S. markets. Headquartered in Hoboken, NJ, Faropoint operates from 7 regional offices across the United States, enabling hyper-local sourcing, operations, and tenant engagement.

The firm combines deep market knowledge with proprietary technologies to streamline sourcing, underwriting, and asset management. With approximately 120 employees and a vast broker network, Faropoint consistently unlocks off-market opportunities and delivers value to its institutional investors and tenants alike. Learn more at Faropoint.com