Stonepeak acquires 1.1 million square foot logistics portfolio in Fort Worth, Texas to strengthen their real estate assets
Stonepeak acquires 1.1 million square foot logistics portfolio in Fort Worth, Texas to strengthen their real estate assets
09/05/24, 1:35 PM
Location
new yorkStonepeak, a leading alternative investment firm specializing in infrastructure and real assets, has announced the acquisition of two logistics assets totaling 1.1 million square feet in Fort Worth, Texas. Stonepeak's Senior Managing Director and Head of Real Estate, Phill Solomond, expressed excitement about adding these assets to their growing portfolio, emphasizing the strategic location of the Alliance submarket of Dallas-Fort Worth and the assets' mission-critical role in local and national supply chains.
Company Info
Location
New York, New York, United States
Company info
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $37 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, and to have a positive impact on the communities in which it operates. Stonepeak sponsors investment vehicles focused on private equity and credit. The firm provides capital, operational support, and committed partnership to sustainably grow investments in its target sectors, which include communications, energy transition, power and renewable energy, transport and logistics, and water. Stonepeak is headquartered in New York with offices in Houston, Austin and Hong Kong. For more information, please visit https://stonepeakpartners.com/.