Aeroterm acquires

Aeroterm, a leading owner and developer of on-airport cargo facilities, has acquired two airport adjacent warehouses in Dorval, Quebec. Located less than 10 minutes from Montréal – Trudeau International Airport and offering a combined total of 220,860 square feet across 13.38 acres, the warehouses are fully leased and have 24 loading positions. "These two facilities are 100 percent leased in a supplied constrained market making them excellent additions to our portfolio," ... [+]

PANYNJ Signs Long-Term Ground Lease with Aeroterm

The Port Authority of New York and New Jersey and Aeroterm announced on June 22 the signing of a long-term ground lease agreement for the development of a state-of-the-art $145 million, 350,000-square-foot cargo facility on more than 26 acres at John K. Kennedy International Airport. The project is part of ... [+]

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