Logistic Properties of the Americas ( (LPA) ) has provided an announcement.
On March 3, 2025, Logistic Properties of the Americas (LPA) announced that it achieved 100% occupancy across its operating portfolio by signing a lease agreement with a leading logistics provider. This milestone highlights LPA’s ability to meet the demands for superior logistics space, supporting its tenants’ expansion in key industries such as consumer goods and e-commerce. The lease agreement covers 71,580 square feet at Parque Logistico Lima Sur in Peru, emphasizing the need for industrial infrastructure in the region. The facility features advanced sustainability measures, enhancing its appeal to tenants.
More about Logistic Properties of the Americas
Logistic Properties of the Americas is a prominent developer, owner, and manager of industrial and logistics real estate in high-growth and high-barrier-to-entry markets across Central and South America. The company serves multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies. LPA focuses on acquiring and developing high-quality, strategically located facilities to support its clients’ needs.
YTD Price Performance: -9.85%
Average Trading Volume: 25,396
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $308.5M
See more data about LPA stock on TipRanks’ Stock Analysis page.