Updated Aug 28, 2026
Phillip Solomond Of Stonepeak Acquires 860,100 Square Foot Industrial Property In Fort Worth
Building Size
860,100 SF
Asset Type
Industrial
Closing
Aug 11, 2026
About this deal
AI
Stonepeak has acquired an industrial asset in Fort Worth’s Alliance submarket, characterized by its significant size of 860,100 square feet and its rail-served logistics capabilities. The property benefits from access to two Class I rail lines, the BNSF’s Alliance intermodal terminal, Fort Worth Alliance Airport, and Interstate 35, making it strategically valuable in the logistics sector.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Phillip Solomond
- Company: Stonepeak
- Date of Transaction: 08/11/2026
- Market: Fort Worth, TX
- Asset Size: 860,100 square feet
This transaction underscores Stonepeak's strategy to enhance its presence in the industrial real estate market within the Dallas-Fort Worth area, reflecting confidence in the region's logistics infrastructure and growth potential.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93