Logistic Properties of the Americas
Logistic Properties of the Americas (LPA) is a fully integrated, internally managed real estate company specializing in the development, ownership, and management of warehouse logistics assets across Central and South America. Headquartered in San José, Costa Rica, the company focuses on delivering world-class logistics spaces through smart design and operational excellence, aiming to bridge local market insights with global impact.
LPA's portfolio comprises modern Class A logistics and industrial real estate strategically located in high-growth, high-barrier-to-entry markets within Costa Rica, Colombia, Peru, and Mexico. The company serves a diverse client base, including multinational and regional companies operating in third-party logistics (3PLs), e-commerce, consumer goods distribution, and other retail sectors. As of June 30, 2026, LPA's operating and development portfolio included 34 logistics facilities, totaling approximately 6.2 million square feet of gross leasable area.
In recent news, Logistic Properties of the Americas reported strong unaudited results for the second quarter of 2026, with total revenue increasing 26.1% and Net Operating Income (NOI) rising 27.0% year-over-year, achieving a stabilized occupancy rate of 100.0%. The company also announced the strategic sale of its Peruvian logistics park, Parque Logístico Lima Sur, for US$145 million, with plans to reinvest the proceeds into its Mexican operations. Led by CEO Esteban Saldarriaga, LPA is recognized as a leading, vertically integrated logistics real estate platform in the Americas and has been included in the Russell 3000 and Russell Microcap indexes.
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