Tight cold storage capacity sees developers and managers in expansion mode

US cold storage real estate investment trust Lineage Logistics has embarked on a transatlantic buying spree.
On 8 June the company announced the acquisition of Kloosterboer Group, an integrated platform for temperature-controlled storage, logistics and value-added services.
Kloosterboer has 11 facilities, in the Netherlands, France,Germany, South Africa and Canada, with a total of 6.4m cubic metres of capacity and 790,000 pallet positions.
Mike McClendon, Lineage’s president of international operations and EVP of network …

The post Tight cold storage capacity sees developers and managers in expansion mode appeared first on The Loadstar.

Source: The Loadstar

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