LPA closes $145 million sale of Lima Sur park to FIBRA Prime
LPA•Logistic Properties of the Americas completed the $145 million sale of Lima Sur during the third quarter of 2026. A pending sale of five Colombian buildings for about $152 million is expected to close in the fourth quarter and generate about $70 million in net after-tax distributable proceeds.
1. Lima Sur sale completed
Logistic Properties of the Americas completed the $145 million sale of Lima Sur to FIBRA Prime during the third quarter of 2026.
2. Other property transactions
A pending sale to Bancolombia covers five stabilized Colombian buildings for COP 500 billion, or about $152 million. Closing is expected in the fourth quarter, generating approximately $70 million in net after-tax distributable proceeds. LPA will retain serviced land at Calle 80 and earn an annual management fee equal to 1.5% of rental revenue.
3. Aurora agreement
A separate agreement values Costa Rica’s Aurora park at $6.7 million; proceeds will primarily support expansion in Mexico.
