Company Overview

Logistic Properties of the Americas (LPA) is a privately held industrial real estate owner, developer, and operator focused exclusively on modern logistics and distribution facilities across Latin America. The company operates within the industrial real estate and logistics infrastructure industries, serving multinational, regional, and local tenants that require Class A warehouse, distribution, and last‑mile logistics space. LPA’s primary revenue is generated through long‑term lease agreements with tenants in sectors such as e‑commerce, third‑party logistics, retail, consumer goods, and light manufacturing.

LPA positions itself as a specialized regional platform with deep local execution capabilities and institutional capital backing, allowing it to scale across multiple countries while maintaining consistent asset standards. The company was founded in 2013 and has grown from a Costa Rica‑focused developer into a multi‑country logistics real estate platform following a strategic equity investment by Blackstone in 2017, which significantly accelerated portfolio expansion and development activity.

Business Operations

LPA’s core operations center on the acquisition, development, leasing, and management of Class A industrial and logistics properties. Its business is organized around integrated development and asset management functions rather than publicly disclosed reporting segments, with revenues primarily derived from stabilized rental income and, to a lesser extent, development gains. The company controls land banks, development pipelines, and stabilized operating assets designed to meet international institutional standards.

Operations span both domestic and cross‑border activities, with local teams managing site selection, permitting, construction, leasing, and ongoing property management. LPA operates through country‑level subsidiaries across its markets and maintains long‑term relationships with global tenants, construction partners, and capital providers. Its platform benefits from operational alignment with Blackstone, which provides strategic guidance and access to global real estate expertise.

Strategic Position & Investments

LPA’s strategic direction emphasizes disciplined expansion in high‑growth logistics corridors driven by nearshoring, regional trade, and e‑commerce penetration in Latin America. Growth initiatives include speculative and build‑to‑suit developments, selective land acquisitions, and the expansion of last‑mile and urban logistics facilities in supply‑constrained markets. The company prioritizes modern design, sustainability standards, and scalable park‑level developments to attract multinational tenants.

A defining strategic milestone was Blackstone’s majority investment, which positioned LPA as one of the largest institutional logistics real estate platforms in the region. LPA does not operate as a diversified holding company; instead, its investments are concentrated within its wholly owned operating subsidiaries and development vehicles. The company is actively involved in emerging logistics trends such as nearshoring‑driven manufacturing distribution and e‑commerce fulfillment infrastructure.

Geographic Footprint

LPA operates across multiple countries in Central America and South America, with a primary presence in Mexico, Costa Rica, Colombia, and Peru. The company’s corporate headquarters are located in Miami, Florida, supporting regional capital markets access and strategic oversight, while local offices manage in‑country operations.

Its assets are concentrated in major metropolitan and industrial corridors, including capital cities and primary logistics hubs that serve domestic consumption and international trade routes. Through its regional platform, LPA maintains a broad operational footprint that allows it to deploy capital efficiently across markets while adapting to country‑specific regulatory and demand dynamics.

Leadership & Governance

LPA is led by an executive team with extensive experience in real estate development, private equity, and logistics infrastructure in Latin America. The leadership team emphasizes institutional governance, disciplined capital allocation, and long‑term asset value creation, reflecting the strategic influence of Blackstone as controlling shareholder.

Key executives include:

• Felipe Navarrete – Chief Executive Officer
• Orlando Chacón – President
• Pablo Rivas – Chief Financial Officer
• Juan Carlos Rojas – Chief Development Officer

The company operates under a private ownership governance structure, with board oversight aligned to institutional investment standards. Where executive roles or titles vary by jurisdiction or have changed over time, data is consistent across public disclosures but limited by the company’s private status.