Stonepeak announced the acquisition of two logistics assets totaling 748,000 square feet in Fort Worth, Texas, strategically positioned in the Alliance submarket of Dallas-Fort Worth. The submarket is anchored by two Class I rail lines, the BNSF Alliance intermodal terminal, and the Fort Worth Alliance cargo airport—making it one of the most critical logistics hubs in the U.S. 

“We are excited to add these assets to our growing portfolio and to expand our footprint in DFW,” 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.” 

The deal continues Stonepeak’s logistics push: since April 2024, the firm has acquired 7.7 million square feet of transport-anchored logistics assets in Dallas-Fort Worth, Houston, Jacksonville, and Chicago. Beyond U.S. logistics, Stonepeak has been building a broader global infrastructure and real assets platform, recently launching JouleTerra, a dedicated land aggregation vehicle for renewable energy development across Europe and entering partnerships with The Arab Energy Fund (TAEF) and I Squared Capital to support energy and infrastructure growth across the MENA region. 

Headquartered in New York, Stonepeak manages approximately $76.3 billion in infrastructure and real assets. Simpson Thacher & Bartlett LLP served as legal counsel, and Eastdil Secured acted as financial advisor on the transaction. 

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