Stonepeak announced the acquisition of nine logistics assets totaling 1.8 million square feet in Jacksonville, Fla.
The assets are located near the Port of Jacksonville, which lifts 1.3 million 20-foot equivalent units annually and is further supported by an extensive rail network anchored by CSX, Norfolk Southern and the Florida East Coast Railway.
“We are excited to add these assets to our growing portfolio,” said Phill Solomond, senior managing director and head of real estate at Stonepeak. “We believe that high-quality real estate adjacent to transport infrastructure will continue to outperform given its mission-critical role in local and national supply chains.”
Jones Lang LaSalle served as financial adviser to Stonepeak.
