Business

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

SAN JOSÉ, Costa Rica, November 03, 2025--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 Co

articleLogistic Properties Of The AmericasNovember 3, 20256/company/logistic-properties-of-the-americas/news/lpa-expands-regional-relationship-with-us-based-membership-warehouse-operator-through-new-15-year-lease-in-colombia
LPA Expands Regional Relationship with U.S.-based Membership Warehouse Operator Through New 15-Year Lease in Colombia

About this update from Logistic Properties Of The Americas

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":230,"url":"https://media.zenfs.com/en/business-wire.com/dc161955010470f92fe9e2b5651a5df8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/aR8mrHnIe7ezDNPEkElUug--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ2MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/dc161955010470f92fe9e2b5651a5df8","width":480,"height":230}},"lazy":false},{"type":"text","content":"Extends Costa Rica Partnership to Colombia","length":42,"tagName":"p","attribs":{}},{"type":"text","content":"SAN JOSÉ, Costa Rica, November 03, 2025--(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.","length":594,"tagName":"p"},{"type":"text","content":"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.","length":672,"tagName":"p"},{"type":"text","content":""This agreement reflects the continued trust of one of our most established regional clients and their confidence in LPA’s reputation for delivering best-in-class logistics solutions," said Guillermo Zarco, Country Manager for LPA Colombia. "Their expansion in Colombia alongside LPA, emphasizes the strategic significance of Parque Logístico Calle 80 within th...

More updates from Logistic Properties Of The Americas

ColombiaLPAForward-Looking StatementsParque Logístico Calle 80