Faropoint Acquires Two Industrial Properties In Ridgefield For $28.3M

An industrial property located at 1145 Edgewater Ave & 1125 Hendricks Causeway in Ridgefield has been sold for a price of $28.3 million. The property, spanning 113,979 square feet, is classified as a Class B industrial asset. It is situated in the Meadowlands area with convenient access to major transportation hubs.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $28,300,000
• Address: 1145 Edgewater Ave & 1125 Hendricks Causeway
• Market: Ridgefield
• Size: 113,979 square feet

The buyer of this industrial property is Faropoint, represented by Orry Michael and Itay Ron. The transaction was facilitated by brokers Frank Costa III, Jim Isbell, and Brian Sherlock from Viewpoint Advisors.

It is worth noting that the property is currently occupied by Biazzo Dairy Products, a privately held dairy products manufacturer. Biazzo Dairy Products has been operating from these buildings for over 30 years.