Stonepeak's Strategic Acquisition of Fort Worth Logistics Real Estate: A Harbinger of Industrial Real Estate's New Era

Stonepeak’s recent acquisition of two logistics assets in Fort Worth, Texas—totaling 1.1 million square feet in the Alliance submarket—underscores a pivotal shift in industrial real estate investment strategies. This move, part of a broader $7.7 million-square-foot portfolio expansion in Dallas-Fort Worth (DFW) since April 2024, reflects a growing industry focus on high-growth logistics hubs anchored by critical infrastructure [1]. The Alliance submarket, with its proximity to the BNSF intermodal terminal, Fort Worth Alliance cargo airport, and I-35 NAFTA highway, epitomizes the demand for real estate that aligns with supply chain resilience and e-commerce-driven last-mile delivery needs [2].

The DFW region, home to over 8 million residents, is projected to grow at three times the national average through 2030, driven by its strategic location as a crossroads for North American trade [3]. This demographic and economic tailwind has made DFW a magnet for institutional capital. In Q2 2025 alone, the market recorded $1.5 billion in investment sales and a 35.8% quarterly increase in leasing activity, with vacancy rates dropping to 9.1% [4]. Such metrics highlight the submarket’s ability to absorb demand even amid a national slowdown in speculative construction.

The broader industrial real estate sector is recalibrating to prioritize assets with infrastructure-like qualities. As Steve Triolet, SVP of Research and Market Forecasting, notes, “Investors are no longer chasing speculative bulk logistics space. They’re seeking stabilized core assets in constrained submarkets with embedded demand drivers” [5]. This shift is evident in DFW, where developers are pivoting to build-to-suit projects and smaller, flexible facilities to meet tenant needs [6]. For example, Amazon’s 1.7 million-square-foot warehouse in South Fort Worth and DICK’s Sporting Goods’ 800,000-square-foot distribution center exemplify the trend toward customized, supply-chain-anchored real estate [7].

The strategic rationale for Stonepeak’s acquisition is further reinforced by macroeconomic forces. Reshoring and nearshoring initiatives, accelerated by trade policy shifts and geopolitical risks, are driving demand for domestic logistics infrastructure. A 2025 JLL report notes that 65% of supply chain executives plan to source key items from regional suppliers by 2026, up from 38% today [8]. DFW’s role as a nexus for U.S.-Mexico trade—bolstered by its proximity to border crossings and the I-35 corridor—positions it as a linchpin for this regionalization trend [9].

Stonepeak’s focus on transport-anchored real estate aligns with the sector’s evolving priorities. The firm’s portfolio in DFW, Houston, Jacksonville, and Chicago now spans 7.7 million square feet of assets with direct access to rail, air, and highway networks [10]. This strategy mirrors industry-wide moves toward “mission-critical” locations, where durable cash flows and supply chain indispensability mitigate risks from economic cycles [11].

The DFW market’s appeal is also amplified by its infrastructure readiness. Public investments in projects like the I-35 NEX expansion and SH-46 widening are unlocking development potential, while the region’s labor pool—growing by 120,000 residents annually—ensures long-term demand for logistics facilities [12]. As one industry analyst observes, “DFW’s combination of population growth, business-friendly policies, and multimodal connectivity makes it a blueprint for the next generation of logistics hubs” [13].

In conclusion, Stonepeak’s acquisition in Fort Worth is not an isolated transaction but a symptom of a larger industry pivot. Investors are increasingly prioritizing high-growth logistics hubs with infrastructure resilience, demographic momentum, and strategic trade connectivity. As DFW’s vacancy rates normalize and absorption outpaces supply, the region’s real estate fundamentals suggest a sustained shift in capital allocation—a trend that will likely define industrial real estate’s trajectory through 2026 and beyond.

Source:
[1] Stonepeak Acquires 1.1 Million Square Foot Logistics Portfolio in Fort Worth, Texas [https://stonepeak.com/news/transactions/stonepeak-acquires-1-1-million-square-foot-logistics-portfolio-in-fort-worth-texas]
[2] Stonepeak Buys 748K SF of Fort Worth Logistics Space [https://fortworthinc.com/real-estate/stonepeak-acquires-748k-sf-of-logistics-space-in-north-fort-]
[3] DFW Commercial Real Estate Outlook 2025 [https://www.bradford.com/dfw-commercial-real-estate-outlook-2025/]
[4] Dallas Industrial | Q2 2025 | Quarterly Market Report [https://partnersrealestate.com/research/dallas-industrial-q2-2025-quarterly-market-report/]
[5] DFW Defies Industrial Slowdown With Spec Strategy Shift [https://www.credaily.com/newsletters/dfw-defies-industrial-slowdown-with-spec-strategy-shift/]
[6] Dallas-Fort Worth Industrial Market: Trends and Forecasts for 2025 [https://info.siteselectiongroup.com/blog/dallas-fort-worth-industrial-market-trends-and-forecasts-for-2025]
[7] The Rise of Dallas-Fort Worth's Industrial Real Estate [https://www.ainvest.com/news/rise-dallas-fort-worth-industrial-real-estate-strategic-haven-logistics-investors-2506/]
[8] 5 Predictions for 2025 Impacting Industrial Real Estate [https://www.jll.com/en-us/guides/adapting-to-shifting-trade-policies-5-predictions-for-industrial-real-estate]
[9] U.S. Real Estate Market Outlook 2025 - Industrial & Logistics [https://www.cbre.com/insights/books/us-real-estate-market-outlook-2025/industrial]
[10] Stonepeak Acquires Logistics Portfolio in Fort Worth, Texas [https://finance.yahoo.com/news/stonepeak-acquires-logistics-portfolio-fort-140000276.html]
[11] Logistics Real Estate Market Deep Dive 2025: Trends That [https://www.linkedin.com/pulse/logistics-real-estate-market-deep-dive-2025-trends-pn3xe/]
[12] Texas Industrial Investment Report Q2 2025 [https://bluecollarcommercialgroup.com/texas-industrial-investment-report-q2-2025-a-data-driven-analysis-of-the-austin-san-antonio-corridor-2/]
[13] DFW Industrial | Q1 2025 | Quarterly Market Report [https://partnersrealestate.com/research/https-partnersrealestate-com-wp-content-uploads-2025-05-q1_2025_dfw_industrial_quarterlyreport-pdf/]