Lineage Logistics, a real estate investment trust that specializes in temperature-controlled logistics, on Tuesday acquired the cold storage and e-commerce fulfillment assets of third-party logistics provider Burris Logistics for an undisclosed sum.
Under the agreement, Novi, Michigan-based Lineage acquired eight facilities in six states totaling nearly 1.3 million square feet.
This is the third transaction between the two companies in the past three years. Lineage acquired Burris’ Lyndhurst, Virginia, facility in 2020 and its Haines City, Florida, facility in 2021.
Lineage operates more than 400 facilities on three continents.
Milford, Delaware-based Burris’ remaining portfolio consists of Honor Foods, a food service redistribution company that operates four facilities, and freight broker Trinity Logistics.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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