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The lease is with a major U.S. membership warehouse club operator.
Logistic Properties of the Americas (LPA) announced a 15-year lease agreement with a major U.S. membership warehouse club operator. The leased property comprises 97,250 square feet.
The agreement solidifies LPA's position in the industrial REIT sector, enhancing its long-term rental income prospects.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.