Latham & Watkins Advises Lineage Logistics in $1.6 Billion Equity Raise

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.