Stonepeak has acquired six logistics assets encompassing 2.3m sqft of space in Houston, Texas.
麻豆映画 Real Assets understands that the alternative investment fund manager paid $244m.
The logistics facilities are strategically located less than eight miles from Port Houston, the fifth-largest container port in the US.
Phill Solomond, senior managing director and head of real estate at Stonepeak, said: 鈥淲e are thrilled to add these high-quality assets to our port logistics platform, which has grown rapidly over the past year. We continue to believe in the power of supply-chain real estate anchored by essential port infrastructure, given its mission-critical role in local and national supply chains, and we are excited to continue investing behind this theme.鈥�
So far in 2024 Stonepeak has acquired 20 logistics assets totaling 7m sqft. Most recently, Stonepeak acquired a 1.8m sqft logistics portfolio located near the Port of Jacksonville, Florida. Earlier this year, Stonepeak acquired a 1.1m sqft logistics portfolio located in the Alliance submarket of Dallas-Fort Worth, Texas and a 1.7m sqft logistics portfolio located next to the BNSF and Union Pacific intermodal terminals in Chicago, Illinois
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