Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Equity Bottom-Up

Logistic Properties of The Americas / Equity Bottom-Up

Logistic Properties of The Americas (LPA US)

<div><ul><li>100% occupancy sustained; rent growth accelerating. The portfolio remains fully leased across all four markets.</li><li>Lease renewal spreads are running 10-15% on existing assets, with select markets achieving 20-25%+ on rollover. Replacement cost inflation is reinforcing pricing power.</li><li>Mexico JV confirms nearshoring thesis. LPA announced a $200-million programmatic JV focused on the outskirts of Mexico City, targeting domestic consumption logistics—a deliberate, risk-managed entry that sidesteps tariff-exposed northern export corridors while the USMCA renegotiation plays out.</li></ul></div>

100% occupancy sustained; rent growth accelerating. The portfolio remains fully leased across all four markets.Lease renewal spreads are running 10-15% on existing assets, with select markets achieving 20-25%+ on rollover. Replacement cost inflation is reinforcing pricing power.Mexico JV confirms nearshoring thesis. LPA announced a $200-million programmatic JV focused on the outskirts of Mexico City, targeting domestic consumption logistics—a deliberate, risk-managed entry that sidesteps tariff-exposed northern export corridors while the USMCA renegotiation plays out.

LPA: Key Takeaways from WTR Insights Conference - 11 June 2026