Novi-based Lineage Logistics LLC has raised another $700 million to further fuel its expansion and bring its total equity raise to $6.7 billion since 2020.Lineage, the largest cold storage industrial REIT in the world, will use the capital to fund $1.25 billion of greenfield and expansion projects…
Novi-based Lineage Logistics on Thursday completed the acquisition of a major cold storage operator in Spain.
The deal for Grupo Fuentes, announced Aug. 2, helps Lineage expand its food distribution empire in Europe.
Terms of the deal were not disclosed.
It is Lineage's second acquisition…
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