Faropoint
Overview
Founded in 2012, Faropoint is a U.S. real estate investment firm that focuses on last mile industrial real estate. “Leading the next generation of real estate investment management."
DETAILS
- Recently acquired ~400,000 SF portfolio
- Estimated usage based on comps: ~2M kWh per year
- Separately metered
- 90 – 95% occupancy
Faropoint
The Solution
Faropoint, a leader in the industrial real estate sector, demands an energy partner who understands their commitment to efficiency and cost optimization. APC performed a comprehensive portfolio audit that goes beyond surface-level analysis, diving deep into their assets to uncover hidden savings opportunities and drive performance.
Our proven track record of streamlining operations and reducing energy expenses helped maximize returns and maintain a competitive edge.
DETAILS
- Existing contracts were well above market
- Renegotiated contract with supplier to reduce cost
- Contract includes: fixed price, full swing, protection from congestion, dedicated support from chosen supplier, and over 50% in bottom line savings
- $145,000+ annually in aggregate savings ($725,000+ over Term)