Lineage Logistics is a significant presence in the U.S. industrial real estate market.
Tthe second-largest cold storage company in the world according to the International Association of Refrigerated Warehouses, Lineage has 290 million cubic feet of storage. It ranked seventh in 2012, when it had 127.5 million cubic feet.
The warehousing and logistics company was created by Bay Grove Capital, which acquired cold-storage companies and then combined them under the Lineage banner in April 2012. Growth through acquisition has marked the company’s history since then as well.
In 2013, Lineage has added the assets of Seattle Cold Storage, formerly one of the Puget Sound’s largest public refrigerated warehousing companies, and a facility near Chicago in University Park, Ill.
For a discussion of Lineage and its competitive environment, see Reefer Warehouse Companies on the ‘Grow’.