Logistic Properties of the Americas Launches $85M Peru Logistics Development
LPA launched a roughly $85 million, 1.1 million-square-foot Class A logistics park in Lurín, Lima, funded with Peruvian institutional capital. It will retain about 11% equity, control the project, and earn development, leasing and management fees.
Logistic Properties of the Americas launched a Class A logistics park in Lurín, Lima, with an approximate value of $85M and an area of about 1.1M sq ft. The development is funded with Peruvian institutional capital. LPA will retain approximately 11% equity, control the project and receive development, leasing and management fees.