The convergence of business, politics, technology, and real estate in New Jersey continues as Faropoint, a New Jersey-based real estate investment firm, recently purchased the Opa Locka Industrial Portfolio in central Miami-Dade County. The sale, arranged by Cushman & Wakefield, took place on December 21, 2023 [31c1f95c]. This acquisition expands Faropoint's real estate investment portfolio and demonstrates the firm's interest in diversifying its holdings beyond New Jersey. The Opa Locka Industrial Portfolio consists of three buildings and is strategically located in a prime industrial area of Miami-Dade County [31c1f95c]. This transaction highlights the interconnectedness of the real estate markets across different regions and the role of investment firms in driving growth and development in the industry. As the real estate landscape evolves, it will be interesting to see how these cross-regional investments shape the future of the industry in both New Jersey and Miami-Dade County.