Logistic Properties of Americas Reaches Full Occupancy With New Lease in Peru

MT Newswires Live
03 Mar

Logistic Properties of the Americas (LPA) said Monday it reached full occupancy in its operating portfolio after securing a 71,580-square-foot lease at Building 400 in Parque Logistico Lima Sur, Peru.

The unnamed tenant is a global logistics company, specializing in consumer goods, e-commerce, and pharmaceuticals, the company said.

Parque Logistico Lima Sur features six class A buildings with a total gross leasable area of 1,519,300 square feet, all leased in US dollars.

Shares of Logistic Properties of the Americas were up over 2% in recent trading.

Price: 9.90, Change: +0.20, Percent Change: +2.06

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