Deals Counterparts

Logistic Properties of the Americas signs forward purchase agreement for Mexico industrial assets

Acquisition Industrial announced Tepeji del Río, Mexico Mar 9, 2026
USD200M
Deal Value
operating
Stage
Central Park 57
Project

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.

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Deal Analysis

Logistic Properties of the Americas is making a $200 million play for future industrial capacity in Mexico, signing a forward purchase agreement for Class A assets in Tepeji del Río. This announced deal, with Fortem Capital as the seller, allows LPA to secure modern logistics properties ahead of their completion. It highlights ongoing investor confidence in Mexico's industrial real estate market.
  • $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

KEY DETAILS

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.

Deal Size
representing an approximately $200 million investment
Location
strategically located in Tepeji del Río, State of Hidalgo, Mexico.
Financials
representing an approximately $200 million investment
Announcement
MARCH 9, 2026
PARTIES MENTIONED IN SOURCE
L
Logistic Properties of the Americas buyer

"Logistic Properties of the Americas has entered into a forward purchase agreement"

F
Fortem Capital developer

"The asset is being developed and sponsored by Mexico City-based Fortem Capital"

F
Fortem Capital sponsor

"The asset is being developed and sponsored by Mexico City-based Fortem Capital"

F
Fortem Capital owner

"the institutional owner and master developer of Central Park 57"

F
Fortem Capital master developer

"the institutional owner and master developer of Central Park 57"

medium quality Enriched Mar 9, 2026

Timeline

Announced
Mar 9, 2026
Signed
Closed

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Source

irei.com
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