Aeroterm’s roots go back to the late 1980’s and the development of Cargo Dorval, the beginning of the modernization of the air cargo facilities at Montreal’s Dorval International Airport. Shortly after the decentralization of the Canadian Airport system and the transfer of the airports to Montreal Airport Authority (Aéroports de Montreal), Aeroterm was incorporated. At that time, Aeroterm acquired the existing cargo and service buildings at Dorval and Mirabel and undertook a redevelopment program to modernize and improve all on-airport facilities including air cargo in earnest. Working with the Airport Authority, the company successfully developed and rehabilitated the industrial village, including relocating air cargo tenants from one airport to the other with minimal disruption of commercial activities. With this experience, Aeroterm began to expand their portfolio of specialized airport facilities by building relationships with tenants and airport authorities throughout North America.
Over the years, the firm has built up a portfolio of more than 16 million sf of property at over 35 airports, primarily in the United States and Canada. Aeroterm continues to actively expand its portfolio through strategic acquisitions and development projects.
With over $2 billion in transactions and current assets owned or under development at many of the world’s leading airports, Aeroterm is the world’s airport facility leader. Our portfolio includes properties located at major air cargo hubs like John F. Kennedy International Airport and Miami International Airport, where Aeroterm is the largest private developer, owner, and manager of real estate assets.
Our mission is clear: Provide the optimal real estate financing, development and management solution for our airport partners while delivering dedicated, responsive service to our tenants. By efficiently managing the complexities of airport facility investment, development and management, we allow both our airport partners and our tenants to focus more efficiently on their core businesses.