Apex Trader Funding (ATF) - News
Michigan-Based Logistics REIT Lineage Files For IPO, Seeks $30B Valuation
Temperature-controlled storage and logistics company Lineage Inc. filed for an initial public offering (IPO), the latest REIT to join the public equities market.
What Happened: Crain’s Detroit Business reported the filing on Thursday.
The Novi, Michigan-based company is seeking $3 billion in the IPO and a valuation upwards of $30 billion. Renaissance Capital estimated the company could raise about $3.5 billion through the IPO.
Lineage has 482 warehouses in operation totaling ...