Lineage, Inc.

https://www.onelineage.com

Lineage, Inc. is recognized as the world's largest temperature-controlled warehouse real estate investment trust (REIT) and an integrated solutions provider. The company's core business revolves around reimagining the global food supply chain by preserving, protecting, and optimizing the distribution of food. Headquartered in Novi, Michigan, U.S., Lineage operates a vast network that is critical infrastructure for the food storage industry.

Lineage offers a comprehensive suite of services including cold storage warehousing, integrated transportation solutions, global logistics, supply chain engineering, freight forwarding, customs brokerage, and specialized direct-to-consumer (D2C) fulfillment. It also provides foodservice solutions, encompassing redistribution and last-mile delivery. The company serves a wide array of market segments within the food and beverage industry, partnering with manufacturers, retailers, and distributors. Lineage's extensive global footprint includes over 480 strategically located facilities across 18 countries in North America, Europe, and Asia-Pacific, boasting approximately 3 billion cubic feet of capacity and a team of around 26,000 employees.

Under the leadership of CEO and President Greg Lehmkuhl, Lineage completed its initial public offering (IPO) in July 2024, listing on the Nasdaq under the ticker symbol "LINE." This IPO raised approximately $4.5 billion, valuing the company at over $18 billion, and marked it as the biggest IPO of 2024 and the largest real estate IPO of all time. In recent news, Lineage, Inc. filed a civil lawsuit in September 2026 against Altus Power, Inc. and Pearce Services LLC, alleging their negligence caused a fire that destroyed its 500,000 square-foot cold storage facility in Boyle Heights, Los Angeles, in June 2026. While cleanup of the site has been completed, the company has not yet decided whether to rebuild the facility.

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