LatAm Logistic Properties S.A. Announces New Leases for Facilities in Peru and Costa Rica
Retrieved on:
Friday, October 6, 2023
SAN JOSÉ, Costa Rica, Oct. 06, 2023 (GLOBE NEWSWIRE) -- LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties ) (“LLP”), a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced the signing of lease agreements in three of its new logistic facilities, including two properties in Peru and one in Costa Rica.
Key Points:
- SAN JOSÉ, Costa Rica, Oct. 06, 2023 (GLOBE NEWSWIRE) -- LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties ) (“LLP”), a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced the signing of lease agreements in three of its new logistic facilities, including two properties in Peru and one in Costa Rica.
- Given the new leases, LLP’s multi-country operating portfolio will have an occupancy rate of approximately 99.4% (or 96.6% when properties under development are included).
- The new leases, which comprise a total gross leasable area (“GLA”) of 417,365 square feet, and represent approximately 6.0% of the existing portfolio, include the following:
LatAm Lima Sur Logistic Park, Lima, Peru. - LatAm Lima Sur Logistic Park is a six-building complex located in the Lurin district, a growing urban hub of Peru.