Stonepeak completed the acquisition of a rail-served logistics portfolio in Chicago from CenterPoint Properties.

Stonepeak, an American investment firm, completed the acquisition of a rail-served logistics portfolio in Chicago from CenterPoint Properties, a real estate company. Financial terms were not disclosed. “This transaction demonstrates the power of the Stonepeak platform to invest in supply chain real estate with durable infrastructure characteristics. The portfolio is directly adjacent to critical rail infrastructure and is a strong addition to our broader real estate strategy. We look forward to expanding our portfolio as a trusted buyer who provides speed and certainty of execution,” Phill Solomond, Stonepeak Senior Managing Director and Head of Real Estate.