Stonepeak, an alternative investment firm specializing in infrastructure and real assets, has acquired an 860,100-square-foot, rail-served logistics asset in Fort Worth, Texas.
The asset is strategically located in the Alliance submarket of Dallas-Fort Worth (DFW), which is anchored by two Class I rail lines, the BNSF Alliance intermodal terminal and the Fort Worth Alliance cargo airport with direct access to the Interstate 35 NAFTA highway linking Mexico to Canada.
The Alliance submarket’s transport infrastructure is supported by DFW’s population of 9 million, which is expected to grow by three times the national average through 2031.
“Stonepeak invests in the supply chain from producer to consumer,” said Phill Solomond, senior managing director and head of real estate at Stonepeak. “Real estate anchored by transportation infrastructure is a critical link in the supply chain.”
Stonepeak’s real estate team invests thematically in real estate