Third disposition of 2026 lifts completed and announced transactions to more than US$300 million; retained, fully serviced land preserves development upside and positions LPA for its next phase in Colombia

Logistic Properties of the Americas (NYSE:LPA) (together with its subsidiaries, "LPA" or the "Company") today announced an agreement to sell income-producing facilities located within Parque Logístico Calle 80 ("Calle 80") in Bogotá, Colombia, to Bancolombia S.A. ("Bancolombia"), a major regional financial institution and a subsidiary of Grupo Cibest S.A. (NYSE:CIB), for COP 500 billion (approximately US$152 million, based on an exchange rate of COP 3,300 per U.S. dollar) in an all-cash transaction. Closing is expected early in the fourth quarter of 2026, subject to the satisfaction of customary conditions.

The agreement with Bancolombia marks LPA’s third sale of stabilized assets in 2026, bringing the aggregate value of completed and announced transactions this year to more than US$300 million. The Calle 80 sale follows the recently completed US$145 million sale of Parque Logístico Lima Sur in Peru and the previously announced disposition of Bodegas Aurora in Costa Rica for US$6.6 million. Together, these transactions capture the value created through LPA’s development, leasing, and asset optimization efforts, while advancing the Company’s strategy to reallocate capital to higher-returning growth opportunities in key submarkets along Federal Highway 57D, a critical supply chain corridor between Mexico and the U.S.

Upon closing, LPA will retain pad-ready, fully serviced land with capacity for approximately 1.08 million square feet of buildable area within Calle 80. With utilities, access roads, and park infrastructure already in place, the site is prepared for vertical construction. LPA will also remain the park’s manager, with responsibility for property operations, tenant relationships, and service delivery, and will earn a facilities management fee from Bancolombia equal to 1.5% of rental revenues. These ongoing arrangements will support LPA’s continued growth at Calle 80 as it develops new facilities on the retained land.