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New Castle cold-storage warehouse sold for $9M

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NEW CASTLE – Lineage Logistics, a Michigan-based real estate investment firm and logistics company, is quietly becoming a significant player in Delaware’s cold-storage warehousing market after acquiring Burris Logistics’ New Castle warehouse this month. Burris’ 135,000-square-foot facility in the CenterPoint Business Complex off Route 273 was bought for $9.45 million, according to county land records.

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