Key Takeaways
- • Stonepeak acquired an 860,100 square-foot, rail-served logistics facility in Fort Worth, Texas's strategically advantaged Alliance submarket, with transaction value reported at $2.4 billion according to publisher context sources.
- • The asset benefits from dual Class I rail anchors (BNSF Alliance intermodal terminal), direct I-35 highway access connecting Mexico to Canada, and proximity to Fort Worth Alliance cargo airport, positioning it as mission-critical supply chain infrastructure.
- • Fort Worth's Dallas-Fort Worth metro area population of 9 million is projected to grow at 3x the national average through 2031, providing durable demand drivers and embedded growth tailwinds for logistics and transportation real estate.
- • Stonepeak's $93 billion alternative investment platform targets infrastructure-linked real estate with inflation protection and high barriers to entry; this acquisition aligns with the firm's thematic focus on supply chain, residential, healthcare, and technology real estate sectors.
- • Simpson Thacher & Bartlett LLP provided legal counsel; Newmark served as financial advisor on the transaction.
Summary
Stonepeak, a major 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 located in Fort Worth, Texas. According to publisher context sources, the transaction valued the property at $2.4 billion, representing a significant commitment to infrastructure-anchored real estate in one of North America's most strategically positioned logistics markets.
The Fort Worth property occupies the Alliance submarket of the Dallas-Fort Worth metropolitan area, a location distinguished by transportation infrastructure depth and connectivity. The facility has direct access to two Class I rail lines, the BNSF Alliance intermodal terminal, and Fort Worth Alliance cargo airport. Critically, the asset sits adjacent to the I-35 corridor—the "NAFTA highway"—providing direct connectivity linking Mexico to Canada, positioning it as a node in continental North American supply chain networks.
Demographic and economic tailwinds support the acquisition thesis. The Dallas-Fort Worth region's population of 9 million is anticipated to expand at three times the national average growth rate through 2031, creating sustained demand for logistics, warehouse, and intermodal capacity. This growth projection, coupled with the asset's mission-critical role in regional and continental freight movement, underpins durable cash flow characteristics central to Stonepeak's infrastructure investment thesis.
Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak, framed the investment within the firm's broader supply chain strategy: "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 pursues thematically aligned opportunities across supply chain, residential, healthcare, and technology sectors, emphasizing assets with high barriers to entry, inflation protection mechanisms, and strong macro support.
Simpson Thacher & Bartlett LLP served as legal counsel and Newmark provided financial advisory services on the transaction.
The Fort Worth property occupies the Alliance submarket of the Dallas-Fort Worth metropolitan area, a location distinguished by transportation infrastructure depth and connectivity. The facility has direct access to two Class I rail lines, the BNSF Alliance intermodal terminal, and Fort Worth Alliance cargo airport. Critically, the asset sits adjacent to the I-35 corridor—the "NAFTA highway"—providing direct connectivity linking Mexico to Canada, positioning it as a node in continental North American supply chain networks.
Demographic and economic tailwinds support the acquisition thesis. The Dallas-Fort Worth region's population of 9 million is anticipated to expand at three times the national average growth rate through 2031, creating sustained demand for logistics, warehouse, and intermodal capacity. This growth projection, coupled with the asset's mission-critical role in regional and continental freight movement, underpins durable cash flow characteristics central to Stonepeak's infrastructure investment thesis.
Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak, framed the investment within the firm's broader supply chain strategy: "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 pursues thematically aligned opportunities across supply chain, residential, healthcare, and technology sectors, emphasizing assets with high barriers to entry, inflation protection mechanisms, and strong macro support.
Simpson Thacher & Bartlett LLP served as legal counsel and Newmark provided financial advisory services on the transaction.
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