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Trusted by
Acquiring Company
Faropoint
Acquired Company
Harris Development Group
Jersey CityCharlotteReal EstateReal EstateDescription
Faropoint has finalized the purchase of a 33,500-square-foot industrial site in Farmingdale for $6.35 million. This marks Faropoint's 10th acquisition on Long Island since 2023. The property was previously owned by Harris Development Group, which did not actively market the site. The transaction is part of Faropoint's strategy to build a portfolio of industrial properties.
Fundz sees it the moment Faropoint makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Harris Development Group?
Harris Development Group was acquired by Faropoint, based in Jersey City. The deal was reported on September 23, 2026. Faropoint is a vertically integrated, tech-enabled real estate investment manager with 120 employees that leverages data and deep market relationships to achieve superior risk-adjusted returns. Faropoint is privately held and operates in Real Estate.
When did Faropoint acquire Harris Development Group?
Faropoint's acquisition of Harris Development Group was reported on September 23, 2026. Faropoint has finalized the purchase of a 33,500-square-foot industrial site in Farmingdale for $6.35 million. This marks Faropoint's 10th acquisition on Long Island since 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Harris Development Group do?
Harris Development Group is a real estate development company based in Charlotte. The firm has managed various commercial properties across the United States. It was the previous owner of the industrial site sold to Faropoint. It is privately held, operating in Real Estate, and is based in Charlotte.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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