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Stock impact report

LPA Expands Regional Relationship with U.S.-based Membership Warehouse Operator Through New 15-Year Lease in Colombia

Logistic Properties of the Americas Ordinary Shares (LPA) 
Company Research Source: Business Wire
Extends Costa Rica Partnership to Colombia SAN JOSÉ, Costa Rica--(BUSINESS WIRE)--Logistic Properties of the Americas (NYSE American: 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 refle Show less Read more
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