LPA Executes Lease Expansion with Scharf at Parque Logístico Callao
LPA expanded its lease with existing tenant Scharff Logística Integrada S.A. at Parque Logístico Callao in Peru, adding 38,438 square feet to Building 100. The expansion commences June 1, 2026, and features a double-digit rental rate increase over the prior lease, reflecting strong demand in the supply-constrained Lima logistics submarket.
Key figures
- Rental growth
- double-digit
- Additional sqft
- 38438
- Total facilities
- 34
- Total portfolio sqft
- 6200000
AI analysis
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