Lineage, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers worldwide, announced the opening of its newest facility in Lancaster, Texas. The addition of the Lancaster location in Dallas County highlights Lineage’s footprint in Texas, which now totals nearly 20 facilities spanning approximately 192 million cubic feet of capacity. The 343,250-square-foot site…
Lineage Logistics, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers, announced the acquisition of eight facilities from Burris Logistics (Burris), a leading temperature-controlled food distribution company. The addition of these eight cold storage facilities to Lineage’s warehousing network will provide nearly 1.3 million square feet of capacity and approximately 115,000 pallet…
Lineage Logistics (Lineage), one of the leading temperature-controlled industrial REIT and integrated solutions providers worldwide, announced the appointment of Brooke Miller as President of its Asia-Pacific region. In this role, she will oversee the Company’s operations across the region, including in Australia, New Zealand, Singapore, Sri Lanka, and Vietnam. She will report to Jeff Rivera, Lineage’s…
Lineage Logistics (Lineage), one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide, announced the appointment of Rob Crisci as Chief Financial Officer (CFO). Crisci brings more than 25 years of financial leadership experience in the industrial and technology sectors. He will report directly to Lineage’s President & Chief Executive Officer (CEO), Greg Lehmkuhl.…
Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, announced it has raised over $700 million in equity from new and existing strategic partners. “Our latest equity raise shows the confidence our investors have in Lineage’s business model and our demonstrated ability to meet demand globally in the face of macro-economic headwinds, inflationary…
Lineage Logistics, LLC. (Lineage), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, announced it has acquired leading New Zealand cold storage business, Cold Storage Nelson Limited (CSN). Financial terms of the transaction were not disclosed. “CSN has industry-leading skills in inventory control, compliance and traceability,” Jeff Rivera, Lineage’s Global Chief…
Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, has announced that it has reached an agreement to acquire Kloosterboer Group, an independent integrated platform for temperature-controlled storage, logistics and value-added services in Europe. The transaction is subject to regulatory clearance and completion of the employee consultation process. “Welcoming Kloosterboer into the Lineage…
Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, has announced that it has closed the acquisition of UTI Forwarding, a Rotterdam-based freight forwarder. “Together with UTI we will create even greater opportunities to provide end-to-end supply chain offerings for our shared customers,” said Mike McClendon, President of International Operations & EVP of…
Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, has announced its acquisition of Frigorificos de Navarra, an operator of refrigerated warehousing and storage facilities headquartered in Milagro, Spain, and a cold storage warehouse facility from Frioastur located in Gijón, Spain. Financial terms of the transactions were not disclosed. Frinavarra is an operator…
Lineage Logistics, LLC, a global temperature-controlled industrial REIT and logistics solutions provider, announced its intention to acquire UTI Forwarding, a renowned Rotterdam-based freight forwarder. The acquisition marks Lineage’s entrance into the freight forwarding industry in Europe, further strengthening Lineage’s end-to-end supply chain offering by advancing the operational synergies for the movement of goods through Lineage’s…