Stonepeak completed the acquisition of nine logistics assets.

Stonepeak, an alternative investment firm, completed the acquisition of nine logistics assets, including 1.8m sq. feet in Jacksonville, Florida. 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.