Key Takeaways
- • Faropoint appoints Will Westhoff as Senior Vice President and Midwest Market Officer, drawing from his background at Starwood Capital Group to lead regional expansion and operations.
- • Westhoff assumes responsibility for a $4 million square-foot portfolio spanning 60 assets across the Midwest, overseeing acquisitions, asset management, and construction initiatives for the last-mile industrial real estate specialist.
- • The appointment signals Faropoint's commitment to scaling its Midwest presence in the last-mile industrial sector, a subsegment of logistics real estate focused on urban and near-urban distribution infrastructure serving e-commerce and final-delivery operations.
- • Faropoint is a Hoboken, New Jersey-based vertically integrated investment manager specializing in urban industrial real estate, positioning itself to capture institutional capital in an underserved market segment.
Summary
In his new role, Westhoff will oversee all critical operational and investment functions for Faropoint's Midwest footprint, including acquisitions, asset management, and construction projects. The region currently comprises approximately four million square feet of assets across 60 properties, establishing a substantial platform for portfolio expansion and optimization under his leadership.
Faropoint describes itself as a vertically integrated investment manager specializing in urban industrial real estate, with a strategic focus on acquiring, managing, and optimizing logistics assets at scale. The firm targets institutional investor returns in the last-mile industrial subsegment—a market category addressing the critical infrastructure gap between regional distribution centers and final-delivery endpoints in urban and near-urban markets. The company is positioned to serve institutional capital seeking exposure to this segment, which has remained relatively underserved by traditional real estate capital.
The appointment reflects Faropoint's expansion strategy and confidence in the Midwest market's logistics infrastructure opportunities. By recruiting an executive with Starwood Capital's institutional investment background, Faropoint signals its intent to maintain disciplined capital deployment while scaling operations across a core regional market.
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