Logistic Properties of the Americas Enters into Master Forward Purchase Agreement for Strategically Located Class A Industrial Real Estate Assets in Mexico

LPA entered a Master Forward Purchase Agreement to progressively acquire approximately $200 million of Class A industrial assets within Central Park 57, a 2.1 million-square-foot logistics park on the Mexico-Queretaro Highway in Tepeji del Rio, Hidalgo, Mexico -- developed and sponsored by Mexico City-based Fortem Capital. Acquisitions close sequentially as each fully-developed, dollar-leased facility is completed and stabilizes.