Logistic Properties of the Americas signs forward purchase agreement for Mexico industrial assets
Logistic Properties of the Americas entered into a forward purchase agreement to acquire a portfolio of Class A industrial properties in Tepeji del Río, Mexico, for approximately $200 million.
Counterparts (2)
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- $200 million forward purchase agreement
- Class A industrial properties in Tepeji del Río, Mexico
- Logistic Properties of the Americas (LPA) as buyer
- Announced March 9, 2026
Source Intelligence
Logistic Properties of the Americas entered into a forward purchase agreement for a portfolio of class A industrial properties. The transaction was executed through a Master Agreement. The assets are located 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 first operating building of Central Park 57 is pending stabilization of approximately 153,400 square feet. Central Park 57 has been designed as a modern, institutional‑grade logistics and manufacturing hub, with Class A specifications, on‑site infrastructure and utilities.
"Logistic Properties of the Americas has entered into a forward purchase agreement"
"The asset is being developed and sponsored by Mexico City-based Fortem Capital"
"The asset is being developed and sponsored by Mexico City-based Fortem Capital"
"the institutional owner and master developer of Central Park 57"
"the institutional owner and master developer of Central Park 57"
Timeline
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