Liberty Development Partners Acquires Gulf Inland Logistics Park, Cmc Railroad

Jul 11, 2022•about 3 years ago

Acquiring Company

Liberty Development Partners

Acquired Company

Logistics and Development Resources

TransportationScience And Engineering

Description

Liberty Development Partners, a joint effort between Connor Investment Real Estate and Logistics and Development Resources, today announced the acquisition of CMC Railroad and Gulf Inland Logistics Park, a 1,158-acre rail served industrial park. Adjacent to Gulf Inland Logistics Park a recent 200-acre acquisition by the partnership will expand the park’s capacity to serve the increasing demand for rail served industrial sites. Gulf Inland Logistics Park features immediate access to the Grand Parkway and US Highway 90 as well as the two largest US Class I Railroads, the BNSF Railway and the Union Pacific Railroad.

Company Information

Company

Liberty Development Partners

Location

Highway 146 S

About

Liberty Development Partners is a joint effort between Connor Investment Real Estate and Logistics and Development Resources dedicated to the funding and development of Gulf Inland Logistics Park and future logistics, manufacturing and rail served projects. Paul Connor, Principal of Connor Investment Real Estate, has managed $1 billion in real estate investment and development since 2001. Marcus Goering, Principal of Logistics and Development Resources, served as President of CMC Railroad from 2010 until 2019 and has more than 35 years of transportation and real estate development experience. Together they are working to transform Gulf Inland Logistics Park into a world class logistics center for companies’ to grow their business and operations. For more information on Gulf Inland Logistics Park, visit http://www.gulfinlandlogisticspark.com/.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed