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Property Recapitalization
Aeroterm is a long-term partner to tenants and airports, and we
invest in our relationships with airports for the long term. Actively
seeking to expand our unique and specialized portfolio, Aeroterm
continues to pursue the acquisition of existing assets from independent
investors, airport authorities and user-owners, ranging in product
type from single-tenant buildings to large portfolios of properties
located at multiple airports.
Single tenant building
Rickenbacker International
Airport is an international multi-modal cargo airport, a charter
passenger terminal, a U.S. Foreign-Trade Zone, and a distribution
hub that serves the Central Ohio region and other needs around
the world. Here a well-known construction
company built a sort facility for FedEx. Once the building
was built and the tenant moved in, the construction company wanted
to turn the building over to a management company. Aeroterm
stepped up and, working with the construction company, the tenant
and the airport authority, negotiated a transfer of the property
to Aeroterm.
Single Airport, Multi-building Portfolio
In Fort
Lauderdale, Aeroterm worked with a building owner to structure
a transaction to help them monetize 150,000 sf of building space
plus associated aircraft ramp parking space. Since
then, Aeroterm has worked with its global customer base to increase
occupancy for the benefit of the airport.
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