Real assets investor Stonepeak has added two logistics assets to its US portfolio.
Stonepeak has invested an unspecified sum to acquire the 748,000 sqft portfolio located in the Alliance submarket of Dallas-Fort Worth (DFW) in Texas.
Since April 2024, Stonepeak has acquired 7.7m sqft of logistics assets. The properties, which are anchored by transport infrastructure, are located in key submarkets of Dallas-Fort Worth, Houston, Jacksonville and Chicago.
Phill Solomond, senior MD and head of real estate at Stonepeak, said: “We are excited to add these assets to our growing portfolio and to expand our footprint in DFW.
“We believe that high-quality real estate adjacent to transport infrastructure will continue to outperform given its mission-critical role in local and national supply chains.”
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