Corporate$MS5:50 PM ET

Morgan Stanley Infrastructure Partners completes sale of Chicago Parking Meters to Stonepeak

By BORSA NewsroomPublished Oct 21, 2026, 5:50 PM EDTUpdated Oct 21, 2026, 5:50 PM EDT

MSIP, together with Allianz and an ADIA subsidiary, sold Chicago Parking Meters LLC to Stonepeak. CPM manages over 38,000 metered spaces. The transaction closed after a value-creation phase that included technology upgrades.

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WHAT WE KNOW

Sale of CPM to Stonepeak completed.
CPM operates over 38,000 metered parking spaces in Chicago.