LPA announced that it has secured a 10‑year, U.S. dollar‑denominated lease with a subsidiary of a Colombian industrial group that supplies packaging to Nestlé, Procter & Gamble and PepsiCo, as the anchor tenant for Building 400 at Parque Logístico Callao. The 215,600‑sq‑ft facility is fully pre‑leased before construction begins, giving the company a predictable cash‑flow stream from day one.
The pre‑lease reduces construction risk and aligns with LPA’s strategy of delivering fully pre‑leased, high‑quality logistics assets across Latin America. By locking in a long‑term tenant, LPA can deploy capital more efficiently and maintain a stable operating income profile while expanding its cross‑border platform.
Parque Logístico Callao offers seamless connectivity to the Port of Callao and Jorge Chávez International Airport, positioning the new building as a critical hub for the Lima‑Callao region. LPA’s Peru Country Manager highlighted the strategic importance of the site and the tailored design that meets the tenant’s operational needs.
CEO Esteban Saldarriaga praised the milestone, noting that the 100% pre‑lease validates LPA’s disciplined, capital‑efficient growth model and its ability to secure high‑quality tenants in key growth markets. The development is part of LPA’s broader expansion, which includes recent acquisitions in Mexico and a growing portfolio of 6.0 million sq ft across the region.
While LPA positions itself as a leading cross‑border logistics provider, the fact‑check notes that it is not the sole player in the market. Nonetheless, the new Peruvian facility strengthens LPA’s competitive position and supports its strategy of delivering resilient, income‑generating assets in high‑barrier locations.
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