December 5, 2017

Lineage Logistics acquires eight warehouses south of downtown L.A.

Parcel, spread out over city blocks, acquired from U.S. Growers Cold Storage.

By DC Velocity Staff

Lineage Logistics LLC, an international temperature-controlled warehousing and logistics company, said today it has acquired warehouses south of downtown Los Angeles from U.S. Growers Cold Storage. Financial terms of the deals were not disclosed.

The eight facilities, which are spread out over several contiguous city blocks, encompass more than 12 million cubic feet of capacity, Lineage said. They are near the 250,000-square-foot transloading facility that Lineage operates in the Port of Long Beachâ??s "overweight corridor," a corridor designed for trucks that are pulling overweight containers.

In addition, Lineage said it would continue Growersâ?? existing expansion plans to add over 25,000 pallet positions to its capacity over two phases. The initial phase is targeted for completion in May 2018.

The Growers acquisition comes on the heels of Lineageâ??s acquisition of cold storage facilities in Louisville, Ky. and Booneville, Ind. from American Cold Storage. The facilities add over 8 million cubic feet of capacity to Lineageâ??s facility network.

Based in Novi, Mich., Lineage is owned by Bay Grove LLC, a San Francisco-based private equity firm.

Resources Mentioned In This Article

Material Handling Videos

Join the Discussion

After you comment, click Post. If you're not already logged in, you will be asked to log in or register.

Subscribe to DC Velocity

Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : Lineage Logistics acquires eight warehouses south of downtown L.A.">contact Chief Editor David Maloney. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.