CenterSquare Investment Management Invests in Follow on Round in Lineage Logistcs

March 2021

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CenterSquare Investment Management (CenterSquare), a leading global real assets manager, today announced a $118 million equity investment in Lineage Logistics, LLC (Lineage), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider. This commitment follows a September 2020 round of financing at which time CenterSquare invested $85 million, bringing the total investment to more than $200 million on behalf of its institutional clients. Lineage intends to use the funds for global greenfield developments, facility expansions, M&A activity and technology innovations to turbocharge end-to-end supply chain efficiency for customers.