Logistic Properties of the Americas (LPA) has entered into a forward purchase agreement for a portfolio of class A industrial properties strategically located in Tepeji del Río, Mexico.
The transaction was executed through a Master Agreement, representing an approximately $200 million investment, pursuant to which LPA will progressively acquire stabilized industrial assets within Central Park 57, a large‑scale industrial and logistics park strategically located along the Mexico-Querétaro Highway (Federal Highway 57), a key logistics corridor. The asset is being developed and sponsored by Mexico City-based Fortem Capital, the institutional owner and master developer of Central Park 57, the first operating building of which is pending stabilization of approximately 153,400 square feet.
Central Park 57 has been designed as a modern, institutional‑grade logistics and manufacturing hub, with class A specifications, on‑site infrastructure and utilities, controlled ac