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Last Mile: Differences Between Brazil and the U.S. Reveal Distinct Stages of Logistics Maturity

  • While the U.S. market advances in automation and efficiency, Brazil still faces infrastructure challenges and a limited supply of suitable assets, says PepsiCo executive
Leandro Rovai, Global Head of Real Estate Portfolio and Strategy at PepsiCo
Leandro Rovai, Global Head of Real Estate Portfolio and Strategy at PepsiCo
By: SiiLA News
10/16/2025

Last mile is a concept that originally emerged in the telecommunications sector, back in the days of wired telephones. Over time, the term began to be used in logistics, especially to refer to the final delivery to the customer. 

Conceptually, last mile applies in all markets, but depending on the region, it takes on distinct characteristics — as is the case in Brazil and the United States. 

Leandro Rovai, Global Head of Real Estate Portfolio and Strategy at PepsiCo, explains that operations in both countries reflect very different realities, which he summarizes in three aspects: market maturity, infrastructure, and stakeholder profiles. 

“In the U.S., the high availability of suitable properties located in well-structured urban zones, combined with a professional real estate ecosystem, allows for data-driven strategic decisions, cost predictability, and solutions tailored to business needs,” he explains. 

In Brazil, however, despite improvements in infrastructure — as shown by SiiLA’s Market Analytics platform — the supply of logistics condominiums is still small relative to the country’s size. Over the past ten years, the market for Class A+ and A assets has grown by more than 3,154%, from 7.2 million m² in 2015 to 23.5 million m² in the third quarter of 2025. 

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