Oxford Properties was among the participants in a $1.9bn round for the cold chain logistics and storage provider, secured with $2.8bn in debt financing.

US-headquartered cold chain services provider Lineage Logistics secured $1.9bn in equity funding yesterday from investors including real estate developer Oxford Properties and investment bank Morgan Stanley’s MS Tactical Value and Conversant Capital vehicle.

Real estate investment firms CenterSquare Investment Management, BentallGreenOak and Cohen & Steers, hedge fund manager D1 Capital Partners and pension fund manager OP Trust also participated in the round.

Founded in 2008, Lineage provides chilled transportation for food in addition to temperature-controlled storage through a network of…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.