HOBOKEN, N.J.–(BUSINESS WIRE)–Faropoint, an industrial real estate investment manager targeting shallow bay industrial properties, has acquired a three-building, 182,255-square-foot light-industrial portfolio in Carlstadt, New Jersey, for $44.3 million. It is Faropoint’s fifth Meadowlands transaction through Value Fund IV. The three buildings sit within a quarter mile of one another in the Meadowlands submarket, a compact cluster that averages a 20-minute drive from Midtown Manhattan. “Few su