Lineage, Inc., the world's largest global temperature-controlled warehouse REIT, has announced the acquisition of ColdPoint Logistics' assets. The deal with ColdPoint, a cold storage warehousing and transportation solutions provider, was finalized on November 1.
Based in Kansas City, Kansas, ColdPoint offers storage, handling, and transportation services for both domestic and foreign markets, particularly catering to the protein, produce, dairy, bakery, and dry goods sectors for frozen and refrigerated products.
"This acquisition enhances our ability to serve customers in the Kansas City area and the protein corridor, with direct rail access to major U.S. ports," stated Greg Lehmkuhl, President and CEO of Lineage.
Aaron Burks, CEO of ColdPoint, expressed enthusiasm about joining Lineage, noting the expanded opportunities for growth and access to Lineage's extensive network. ColdPoint's intermodal heavyweight export model to the Pacific Rim through LA/Long Beach ports will enhance Lineage's offerings.
The ColdPoint facility spans 621,000 square feet with 62,000 pallet positions, 7 blast cells, and a boxing room. This acquisition marks Lineage's largest transaction since its public listing in July 2024.
