Key Takeaways
- • Stonepeak acquired two logistics assets totaling 748,000 square feet in Fort Worth's Alliance submarket, expanding its position in transport-anchored real estate across major U.S. logistics hubs.
- • Since April 2024, Stonepeak has accumulated 7.7 million square feet of logistics assets across Dallas-Fort Worth, Houston, Jacksonville, and Chicago, all anchored by Class I rail infrastructure, intermodal terminals, and cargo airports.
- • The Alliance submarket offers structural advantages including direct access to the I-35 "NAFTA highway," proximity to BNSF intermodal facilities and Fort Worth Alliance cargo airport, and a regional population of 8+ million expected to grow 3x the national average through 2030.
- • Stonepeak's real estate strategy targets mission-critical logistics properties with durable cash flows, inflation protection, and high barriers to entry, positioning the firm to benefit from secular supply chain demand drivers.
Summary
The Alliance submarket benefits from substantial demographic tailwinds and logistics demand fundamentals. The Dallas-Fort Worth metropolitan area has a population exceeding 8 million residents, with projections for growth at three times the national average through 2030. These macroeconomic factors, combined with the region's strategic position as a continental trade corridor and supply chain hub, align with Stonepeak's thematic focus on real estate assets with embedded infrastructure characteristics.
This acquisition represents part of a broader capital deployment program by Stonepeak's real estate team. Since April 2024, the firm has acquired 7.7 million square feet of logistics assets anchored by transport infrastructure across four major U.S. submarkets: Dallas-Fort Worth, Houston, Jacksonville, and Chicago. According to Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak, the strategy reflects 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."
Stonepeak's real estate investment mandate emphasizes supply chain, residential, healthcare, and technology assets with characteristics of durable cash flow profiles, inflation protection, high barriers to entry, and mission-critical roles within their respective markets. The firm leverages insights from its broader infrastructure platform to identify opportunities supported by secular macro tailwinds. Financial terms of the Fort Worth acquisition were not disclosed.
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