Stonepeak Completes Acquisition of 1.7 Million Square Foot Rail-Served Logistics Portfolio in Chicago
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NEW YORK--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has acquired a three asset, 1.7 million square foot rail-served logistics portfolio in Chicago, Illinois from CenterPoint Properties. The portfolio is located at the largest inland port in North America, anchored by the BNSF and Union Pacific Class I rail intermodal terminals. All six Class I railroads converge in Chicago, with 25% of U.S. freight t
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