Stonepeak completed the acquisition of logistics portfolio in Fort Worth.

Stonepeak, a private equity firm, completed the acquisition of logistics portfolio in Fort Worth, two logistics assets totaling 1.1m square feet. Financial terms were not disclosed. “We are excited to add these assets to our growing portfolio. 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,” Phill Solomond, Stonepeak Senior Managing Director and Head of Real Estate.