Wafra Acquires Stake in Liberty Development Partners to Expand Texas Rail Hub

The partnership targets the rapid growth of Gulf Inland and its associated CMC Railroad, which connects industrial tenants to the Union Pacific and BNSF Railway networks. Since 2022, Liberty has tripled the logistics park’s footprint from 1,150 to 3,900 acres, positioning it as a primary hub for energy and manufacturing users. The infusion of capital from Wafra, which manages approximately $30 billion in assets, is set to fund an immediate expansion of railcar storage by 1,000 units, with completion expected by the end of 2026.

Anthony Peek, a managing director at Wafra, highlighted the site's rare combination of rail connectivity and proximity to the Gulf Coast market as a major driver for the investment. Liberty’s existing management team remains at the helm, utilizing the new institutional resources to scout further rail-served industrial opportunities across the region. The collaboration underscores a broader push to address the high demand for large-scale, infrastructure-heavy industrial sites near Houston.