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Logistic Properties Of The Americas Enters Into $200M Forward Purchase Agreement For Central Park 57 Assets
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Logistic Properties of the Americas (NYSE: LPA) (together with its subsidiaries, "LPA" or the "Company"),announced today that it has entered into a forward purchase agreement for a portfolio of Class A industrial

Logistic Properties of the Americas (NYSE:LPA) (together with its subsidiaries, "LPA" or the "Company"),announced today that it has entered into a forward purchase agreement for a portfolio of Class A industrial properties strategically located in Tepeji del Río, State of Hidalgo, Mexico.

The transaction was executed through a Master Agreement, representing an approximately US$200 million investment, pursuant to which LPA will progressively acquire stabilized industrial assets within Central Park 57, a large‑scale industrial and logistics park strategically located along the Mexico–Querétaro Highway (Federal Highway 57), a key logistics corridor. The asset is being developed and sponsored by Mexico City-based Fortem Capital, the institutional owner and master developer of Central Park 57, the first operating building of which is pending stabilization of approximately 153,400 square feet.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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