Logistic Properties of the Americas adds Françoise Lavertu and Javier Marquina to its Board as Independent Directors

– COSTA RICA, San José –  Logistic Properties of the Americas (NYSE American: LPA), a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced the appointments of Françoise Lavertu and Javier Marquina to its Board as Independent Directors, increasing the board to seven members of whom six are independent.

About Françoise Lavertu

Françoise Lavertu has served as co-CEO since April 2023 of AUBA, a San Francisco-based company that provides AI-based supply chain visibility and optimization technologies for large enterprises. She is also co-founder of South View Studio, a strategic and creative brand-building firm advising B2C and B2B companies, including those operating in real estate and logistics, and served as director of strategy from February 2019 to April 2023. Françoise Lavertu founded and served as an advisor and operating partner from February 2019 to March 2023 at Utelias, which provided strategic and operational guidance to private equity funds, bringing hands-on experience scaling businesses to their portfolio companies. Before Utelias, she was Tesla’s GM for the Southeast U.S. and Latin America, and previously Country Manager for Mexico. In addition to leading the launch of Tesla’s Model X and Model 3 vehicles as well as energy products in her markets, she had full P&L responsibility. Françoise Lavertu began her career in consumer goods and has experience in retail, sales, marketing, merchandising and purchasing at market-leading brands.

Françoise Lavertu said, “Global supply chains are undergoing unprecedented changes, creating significant opportunities for LPA. The Company has the right business model and strategy in place to effectively seize them, and I look forward to sharing my experience in AI solutions for supply chain management with LPA’s management team and board as the Company enters an exciting new phase of growth.”

Françoise Lavertu has a Bachelor’s degree in Commerce from McGill University and a Master’s degree in Statistics from HEC. She sits on the board at Spectrum (Grupo Pantaleon), Solfium, and Kronia Technologies, and serves as an advisor to Endeavor and CiBanco.

About Javier Marquina

Javier Marquina is the founder and has served as CEO since February 2019 of Miami-based ARQ Consultants Inc., a firm specializing in real estate investment strategy and execution. In addition, he has served on the board of Guatemala-based Inmobiliaria Spectrum since June 2018 and was appointed as Vice-Chair of the board in June 2023. He has served as an independent trustee at US-based TIDAL TRUST II, a regulated investment trust with over 50 ETF holdings representing approximately US$5 billion in assets, since July 2022. He has also served as manager since May 2023 of Neta Investments LLC, a US-based private real estate investment trust. Javier Marquina served on the board of LatAm Logistic Properties, S.A. from November 2022 to March 2024. He also served as interim Head of the Americas of Acciona Inmobiliaria from January 2020 to June 2021 and as Head of Investment Team for Latin America for GLL Real Estate Partners from September 2016 to January 2020. Previously, Javier Marquina was the Real Estate Investment Director of Miami-based Finaccess Advisors, where he designed and implemented a new real estate investment strategy and successfully closed three transactions totaling $250 million. Before this, he was Partner and Finance Director of Aguirre Newman America, an SMM LLC franchise that he launched in 2009 and expanded into Brazil, Mexico, and Peru. In 2002, Mr. Marquina co-founded SMM LLC and led a management buyout of five CBRE offices in Latin America.

Javier Marquina said, “I’m thrilled to contribute my many years of international experience in real estate investment and development, including serving on the board of LatAm Logistic Properties, S.A. prior to its business combination with two, and look forward to helping LPA efficiently expand its world-class real estate platform and take full advantage of its highly promising position in markets where global and regional companies are underserved in Latin America.”

Javier Marquina holds a Master’s degree in Politics and Economics from the University of Oxford and an MBA from Instituto de Empresa in Madrid.

About Logistic Properties of the Americas

Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies. LPA expects its strong customer relationships and insight to enable future growth through the development and acquisition of high-quality, strategically located facilities in its target markets. As of December 31, 2023, LPA consisted of an operating and development portfolio of thirty-four logistic facilities in Colombia, Peru, and Costa Rica totaling more than 491,000 square meters (or approximately 5.3 million square feet) of gross leasable area.

For more information: https://lpamericas.com/en

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