Logistic Properties of the Americas to Invest $200 Million in Mexico's Central Park 57 Industrial and Logistics Park.

Logistic Properties of the Americas has entered into a $200 million Master Forward Purchase Agreement for a portfolio of Class A industrial properties in Mexico. The transaction is with Fortem Capital, the institutional owner and master developer of Central Park 57, a large-scale industrial and logistics park. The park has been designed with Class A specifications and is strategically located along the Mexico-Querétaro Highway. The acquisition is expected to be completed through sequential closings subject to customary conditions.