Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, has announced that it has raised $1.6 billion in equity from new and existing strategic partners, as detailed in the company issued press release. Participating investors include Oxford Properties Group (“Oxford Properties”), BentallGreenOak, D1 Capital Partners, Cohen & Steers, OPTrust, CenterSquare Investment Management, and investment funds managed by Morgan Stanley Tactical Value, among others.
Latham & Watkins LLP represented Lineage in the transaction with a West Coast deal team led by Corporate partner Nadia Sager, with associates Zachary Thompson and Kristin Bisely, and Tax partners Pardis Zomorodi and Eric Cho on tax and REIT-related matters.
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