Lineage Logistics Acquisition of Port Newark Cold Storage

Deal value: $164,000,000

Lineage Logistics acquired a 350,000 SF cold storage warehouse at Port Newark, NJ, to strengthen its East Coast import/export logistics network.

Lineage Logistics is acquiring the Port Newark cold storage facility to strengthen its East Coast import/export logistics network, capitalizing on rising demand for temperature-controlled supply chains driven by global trade, food safety, and e-commerce growth. The strategic location at Port Newark enables Lineage to enhance service to key customers, improve throughput for perishables, and consolidate its leadership in the cold storage sector. The timing reflects both heightened supply chain pressures and the need for resilient, scalable infrastructure in major port markets.