Lineage Logistics Acquisition of Port Newark Cold Storage

Newark, New Jersey, United States

Lineage Logistics, the world’s largest temperature-controlled warehouse REIT, acquired Port Newark Cold Storage as part of its strategic expansion in the U.S. cold storage market. The facility is a modern, high-capacity cold storage warehouse located adjacent to the Port Newark–Elizabeth Marine Terminal, offering direct access to major shipping routes and intermodal infrastructure. Key features include advanced automation, high-density pallet storage, and value-added services such as packing, customs, and distribution. The property is currently a critical logistics hub for food and pharmaceutical supply chains, maintaining high occupancy and strong market positioning.