Lineage Acquires Warehousing and e-Commerce Assets of Burris Logistics
Lineage Logistics, a leading temperature-controlled industrial REIT and integrated solutions provider, has completed the acquisition of eight facilities from Burris Logistics, a prominent temperature-controlled food distribution company. This strategic move strengthens Lineage's warehousing network across the Eastern and Midwestern United States, expanding their capacity and enhancing their end-to-end cold storage solutions.
Expanding Capacity and Reach
The acquisition adds nearly 1.3 million square feet of capacity and approximately 115,000 pallet positions to Lineage's warehousing network. The facilities are strategically located in Florida, Georgia, Oklahoma, Delaware, Wisconsin, and Maryland, enabling Lineage to serve densely populated markets and reach all 50 states for their direct-to-consumer fulfillment operation.
Building on a Successful Relationship
This transaction marks Lineage's third proprietary deal with Burris, showcasing the trust and track record they have established over their longstanding relationship. Lineage's President and CEO, Greg Lehmkuhl, emphasizes the complementary nature of these locations and the dedicated team members, further strengthening Lineage's customer-driven approach and their vision to become a dynamic temperature-controlled logistics company.
Advancing Direct-to-Consumer Solutions
Lineage, with over 14 years of experience in e-commerce and direct-to-consumer fulfillment, manages the end-to-end experience for more than 100 customers across their existing locations. The acquisition of these facilities enhances Lineage's comprehensive direct-to-consumer solution, leveraging their leading cold storage network to increase distribution efficiency and minimize supply chain waste.
In conclusion, Lineage's acquisition of Burris Logistics' warehousing and e-commerce assets expands their capacity, strengthens their network, and advances their direct-to-consumer solutions. This strategic move solidifies Lineage's position as a leader in temperature-controlled logistics and reinforces their commitment to innovation and sustainability in the industry.
Hot Take: Impact of Lineage's Acquisition of Burris Logistics' Assets on New Businesses
Lineage Logistics' strategic acquisition of Burris Logistics' warehousing and e-commerce assets could provide valuable insights for new businesses in the logistics and supply chain industry.
Strategic Expansion for Market Reach
Lineage's move to strengthen its warehousing network across the Eastern and Midwestern United States underlines the importance of strategic expansion for wider market reach. New businesses might consider similar expansion strategies to serve densely populated markets and enhance their service offerings.
Building Trust through Successful Relationships
The deal marks Lineage's third with Burris, highlighting the value of building trust and maintaining successful relationships in business. New businesses should take note - establishing a strong track record through successful partnerships can significantly strengthen their market position.
Enhancing Direct-to-Consumer Solutions
Lineage's focus on enhancing its direct-to-consumer solution emphasizes the growing trend towards e-commerce and direct-to-consumer fulfillment. This suggests that new businesses in this sector should invest in end-to-end solutions to increase distribution efficiency and minimize supply chain waste.
In conclusion, Lineage's recent acquisition offers key insights for new businesses, emphasizing the importance of strategic expansion, trust-building through successful relationships, and enhancing direct-to-consumer solutions.