| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Logistic Properties of the Americas (NYSE:LPA) (together with its subsidiaries, "LPA" or the "Company"), a leading developer, owner and manager of Class A industrial and logistics real estate across Latin America, announced today the signing of a new long-term lease with a premier U.S.-based membership warehouse club operator. This agreement strengthens LPA's regional relationship with the client, which initially partnered with the Company in Costa Rica and is now expanding its operations in Colombia.
The 15-year lease encompasses approximately 97,250 square feet in Building 300 at Parque Logístico Calle 80, located in Bogotá's most strategic and modern logistics corridor. With this lease, the flagship park will achieve 100% occupancy, solidifying LPA's position as top-tier logistics real estate provider in Colombia's capital city, serving a market with over 11 million people. The lease reflects current market rates, supported by favorable market fundamentals such as minimal new supply over the past two years, a resilient consumer sector, improving market sentiment, and the platform's capacity to seamlessly serve multinational clients across multiple countries.
Posted In: LPA
