12 Best Warehouse and Self-Storage Stocks to Buy Now

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4. Lineage Inc. (NASDAQ:LINE)

Number of Hedge Fund Holders: 35

Lineage Inc. (NASDAQ:LINE) is the world’s largest global temperature-controlled warehouse real estate investment trust (REIT). The company has a network of more than 480 strategically located facilities covering over 84 million square feet across countries in North America, Europe, and Asia-Pacific. Combining end-to-end supply chain solutions and technology, Lineage Inc. (NASDAQ:LINE) serves some of the world’s largest food and beverage producers, retailers, and distributors. LINE is one of the best warehouse stocks to buy according to hedge funds.

The company is committed to growing its business as it strategically deploys capital. In September 2024, Lineage Inc. (NASDAQ:LINE) opened an advanced and innovative cold store in Hazleton, Pennsylvania. This facility features fully automated systems powered by the company’s patented LinOS technology and algorithms. Additionally, on November 1, 2024, Lineage Inc. (NASDAQ:LINE) acquired ColdPoint Logistics for $223 million. This expands the company’s presence in the strategic Kansas City market.

ClearBridge Investments, an investment management company, in its “ClearBridge Mid Cap Growth Strategy” third quarter 2024 investor letter pointed out that Lineage Inc. (NASDAQ:LINE) is strategically expanding its footprint along major transportation centers instead of just at the start or end point of delivery routes. This strategy has helped the company become a preferred partner for businesses producing and distributing frozen foods. Additionally, the investment management firm believes that Lineage Inc. (NASDAQ:LINE) has shown a proven track record of effectively using capital to expand its geographic reach and solidify its position in the market.

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