Logistic Properties of the Americas has signed a five-year lease for 121,600 square feet of logistic space with a regional third-party logistics provider at LPA Coyol 4 Logistic Park in San Jose, Costa Rica. This agreement, which reflects a 20% increase in the net effective rental rate, underscores the growing demand for institutional-grade logistics properties in the region. This lease supports LPA's expansion in Latin America and aligns with its mission to provide high-quality logistics spaces. The strategic location of LPA Coyol 4 Logistic Park offers exceptional connectivity and state-of-the-art facilities, attracting top-tier logistics providers and enhancing regional supply chain capabilities.
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