Key Takeaways
- • Stonepeak, a New York-headquartered alternative investment firm with approximately $93 billion in assets under management, announced on August 11, 2026 the acquisition of an 860,100-square-foot rail-served logistics asset in Fort Worth, Texas.
- • The property sits in the Alliance submarket of Dallas-Fort Worth, anchored by two Class I rail lines, the BNSF Alliance intermodal terminal, the Fort Worth Alliance cargo airport, and direct access to the I-35 NAFTA highway.
- • Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak, framed the deal as part of the firm's thematic strategy of investing in real estate with infrastructure characteristics, particularly supply chain assets.
- • Purchase price was not disclosed in the primary announcement; one trade report describes the sum as unspecified, while a separate report references a $2.4 billion Stonepeak investment without tying it clearly to this asset.
- • Simpson Thacher & Bartlett LLP acted as legal counsel and Newmark as financial advisor to Stonepeak.
Summary
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced on August 11, 2026 that it has acquired an 860,100-square-foot, rail-served logistics asset in Fort Worth, Texas. The firm manages approximately $93 billion of assets under management, according to its published company description, and invests across digital infrastructure, energy and energy transition, transport and logistics, and real estate.
The property is located in the Alliance submarket of Dallas-Fort Worth (DFW), which the company describes as anchored by two Class I rail lines, the BNSF Alliance intermodal terminal, and the Fort Worth Alliance cargo airport. The site has direct access to the I-35 "NAFTA highway" linking Mexico and Canada. Stonepeak states that the region's population of 9 million residents is expected to grow at three times the national average through 2031, supporting transportation-linked demand.
Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak, said: "Stonepeak invests in the supply chain from producer to consumer. Real estate anchored by transportation infrastructure is a critical link in the supply chain." The real estate team invests thematically in assets with infrastructure characteristics, targeting high-conviction sectors including supply chain, residential, healthcare, and technology real estate. The firm cites durable cash flow profiles, embedded demand drivers, high barriers to entry, and inflation protection as selection criteria.
Several trade publications covering the transaction describe it as a rail-served freight site in Alliance, with one report noting a purchase price was not disclosed. Simpson Thacher & Bartlett LLP served as legal counsel and Newmark as financial advisor to Stonepeak. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh.
The property is located in the Alliance submarket of Dallas-Fort Worth (DFW), which the company describes as anchored by two Class I rail lines, the BNSF Alliance intermodal terminal, and the Fort Worth Alliance cargo airport. The site has direct access to the I-35 "NAFTA highway" linking Mexico and Canada. Stonepeak states that the region's population of 9 million residents is expected to grow at three times the national average through 2031, supporting transportation-linked demand.
Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak, said: "Stonepeak invests in the supply chain from producer to consumer. Real estate anchored by transportation infrastructure is a critical link in the supply chain." The real estate team invests thematically in assets with infrastructure characteristics, targeting high-conviction sectors including supply chain, residential, healthcare, and technology real estate. The firm cites durable cash flow profiles, embedded demand drivers, high barriers to entry, and inflation protection as selection criteria.
Several trade publications covering the transaction describe it as a rail-served freight site in Alliance, with one report noting a purchase price was not disclosed. Simpson Thacher & Bartlett LLP served as legal counsel and Newmark as financial advisor to Stonepeak. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh.
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