Lineage Logistics, a temperature-controlled industrial REIT and logistics solutions provider, has raised $1.9 billion in equity from new and existing strategic partners. Participating investors include BentallGreenOak, D1 Capital Partners, Oxford Properties, CenterSquare Investment Management, MS Tactical Value and Conversant Capital, OP Trust, Cohen & Steers, among others.
A significant portion of the $1.9 billion of new capital will be used to double down on new and disruptive technologies. Additionally, the new equity will be deployed, in part, to fund greenfield development and facility expansion projects in its North American, European and Asian Pacific operating regions.
In addition to this latest equity raise — which is the company’s largest since its founding in 2008 and followsÂ
