Vince [indiscernible]'s questions to Lineage Inc (LINE) leadership • Q3 2024
Question
Vince [indiscernible] requested details on markets facing new supply pressure, overall industry supply trends, and whether net lease spec product is viewed as competitive.
Answer
CEO W. Lehmkuhl noted an influx of capital into the sector but expects new development to subside and be absorbed by long-term demand. He identified Florida as a market that was 'maybe oversupplied.' He views multi-tenant models as more directly competitive but stated Lineage also engages in net lease deals and evaluates acquiring spec projects.