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Lineage Announces Acquisition of Bellingham Cold Storage

1. Lineage, Inc. acquires three warehouses enhancing storage capacity. 2. The acquisition increases Lineage's footprint on the West Coast.

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FAQ

Why Bullish?

This strategic acquisition increases LINE's operational capacity and market presence, akin to previous acquisitions that drove stock growth.

How important is it?

The acquisition significantly strengthens LINE's market position, potentially boosting investor confidence and stock price.

Why Long Term?

The acquisition will enhance long-term revenue potential and market leverage, as seen in prior expansion cases.

Related Companies

REITBCS
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world's largest global temperature-controlled warehouse REIT, today announced its acquisition of three warehouses totaling approximately 24 million cubic feet and 85 thousand pallet positions from Bellingham Cold Storage (“BCS”). The acquired assets include three locations on the west coast of Washington state: the Bellingham Waterfront Warehouse Center, the Orchard/I-5 Warehouse Center and the Burlington Dry locati.

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