Stonepeak Acquires 860,100 SF Industrial Property in North Fort Worth

FORT WORTH, TEXAS — Stonepeak, a New York-based alternative investment firm, has acquired a 860,100-square-foot industrial property in North Fort Worth. The address was not disclosed, but the property is located within the Alliance submarket and is served by rail lines, the BNSF Alliance intermodal terminal and the Fort Worth Alliance cargo airport. Newmark acted as Stonepeak’s financial advisor on the deal. The seller and sales price were also not disclosed.