Key Takeaways
- • Stonepeak acquired two logistics assets totaling 748,000 square feet in Fort Worth's Alliance submarket, strategically positioned adjacent to BNSF rail infrastructure, the Alliance intermodal terminal, and Fort Worth Alliance cargo airport with direct I-35 access.
- • The DFW region presents strong macro tailwinds, with population expected to grow 3x the national average through 2030, supported by over 8 million current residents and direct connectivity to the NAFTA corridor linking Mexico to Canada.
- • This acquisition represents part of Stonepeak's broader logistics expansion; the firm has acquired 7.7 million square feet of transport-anchored logistics assets since April 2024 across Dallas-Fort Worth, Houston, Jacksonville, and Chicago.
- • Financial terms were not disclosed; however, the deal aligns with Stonepeak's infrastructure-focused investment thesis emphasizing mission-critical supply chain assets with durable cash flows, inflation protection, and high barriers to entry.
- • Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak, emphasized the firm's conviction that "high-quality real estate adjacent to transport infrastructure will continue to outperform given its mission-critical role in local and national supply chains."
Summary
The DFW market fundamentals support the investment thesis. The region's population exceeds 8 million residents and is projected to grow at three times the national average through 2030, creating sustained demand for logistics infrastructure and supporting employment in the trade and transportation sectors. The concentration of multimodal transport infrastructure—rail, air, and highway—in the Alliance submarket creates significant competitive advantages for logistics operators and tenants seeking mission-critical distribution capabilities.
This Fort Worth acquisition is part of Stonepeak's larger logistics strategy. Since April 2024, the firm has assembled a 7.7 million square-foot portfolio of transport-anchored logistics assets across four major metropolitan areas: Dallas-Fort Worth, Houston, Jacksonville, and Chicago. Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak, stated that the firm believes "high-quality real estate adjacent to transport infrastructure will continue to outperform given its mission-critical role in local and national supply chains."
Stonepeak's real estate investment approach focuses on thematic infrastructure-oriented assets with emphasis on supply chain, residential, healthcare, and technology real estate. The investment team targets opportunities characterized by strong macroeconomic tailwinds, durable cash flow profiles, embedded demand drivers, high barriers to entry, inflation protection, and essential roles within supply chain networks. No financial terms were disclosed for the Fort Worth transaction.
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