Stonepeak Acquires 860,100 SF Industrial Property in Fort Worth’s Alliance Submarket
Stonepeak, an alternative investment firm based in New York, has completed the acquisition of an 860,100-square-foot industrial property in North Fort Worth. The specific address of the facility was not disclosed, but its location within the prominent Alliance submarket positions it advantageously for logistics and distribution operations.
The property benefits from its proximity to critical transportation infrastructure, including direct rail lines, the BNSF Alliance intermodal terminal, and the Fort Worth Alliance cargo airport. This strategic access underscores the continued demand for well-connected industrial assets in major distribution hubs. Newmark served as the financial advisor to Stonepeak for this transaction. Details regarding the seller and the final sales price were not made public. This acquisition reflects ongoing investment interest in large-scale industrial real estate within key Texas markets.
More from Fort Worth
· Fort Worth, Texas
Texas A&M Law Dean Bobby Ahdieh Leaves Fort Worth for Pace University Presidency
· Fort Worth, Texas
Downtown Fort Worth Building at 907 Houston Street Sells Amidst Area Revitalization
· Fort Worth, Texas
Fort Worth Sees Significant Industrial Development and Key Homebuilder Acquisition
· Fort Worth, Texas
Fort Worth’s Historic Northside District Sees Increased Commercial Investment
· Fort Worth, Texas
Autonomous Solutions Inc. Doubles Office and Testing Space in Fort Worth’s AllianceTexas
More in Texas
· Burleson, Texas
State regulators reject air permit for Burleson concrete batch plant after three-year fight
· Midlothian, Texas
Affinius Capital Provides $94M Refinancing for Midlothian Industrial Park
· Texas City, Texas
Minto Communities Closes on 1,318-Acre Texas City Site for Latitude Margaritaville
· Arlington, Texas
Arlington Approves Amendments to Cowboys Stadium Lease Extension
· Dallas, Texas
Trammell Crow Starts 435-Unit Office-To-Residential Conversion In Dallas