Annapolis, MD, March 22, 2021 – Aeroterm, a leading owner and developer of on-airport cargo facilities, announces the completion of a new Class A, 50,400-square-foot, airside cargo facility at Cincinnati/Northern Kentucky International Airport (CVG). The building can accommodate cargo, ground support equipment and other terminal support users, such as flight kitchens and commissaries.
The LEED certified facility at CVG is designed to meet the additional capacity needs at the airport as the demand for shipping grows. Tenants of the new facility will benefit from the expansion, as will the CVG airport. The newly enlarged facility offers:
- Flexibility to expand by 120,000 square feet in future phases
- 6,000 square feet of available space
- 24'-0" clear height
- Insulated precast walls with structural steel framing
- Interior and exterior LED light fixtures
- Direct access to aircraft apron and ground support equipment-rated (GSE) concrete tie-in for GSE storage and freight staging
- Integrated airport security system
"There has been a strong increase in cargo volumes and GSE support needs at CVG Airport in recent years and this expansion project is a direct response to that increasing demand," said Aeroterm Vice President of Investments & Development Alexi Lachambre. "It was a privilege to work on this project and we look forward to our continued partnership with CVG to support their growing needs."
The new Aeroterm facility is among other large supply chain facilities at CVG including a DHL global hub and Amazon's new Prime Air cargo hub which will be completed in 2025. In addition to this project at Cincinnati/Northern Kentucky International Airport, Aeroterm is currently working on air cargo development at John F. Kennedy International Airport, Miami International Airport, Manchester-Boston Regional Airport and the latest phase of an air cargo development at Chicago's O'Hare International Airport.
With over 17 million square feet of property and development at more than 36 airports, Aeroterm is the leading owner and provider of capital, expertise, and facility related services to airports throughout North America. Specializing in the development, acquisition, financing, construction, leasing and management of airport properties, Aeroterm has more than 25 years of experience working with airports and tenants specializing in air cargo operations and other airport-related activities. Aeroterm’s development team offers unrivaled experience in the planning and construction of airport logistics & support facilities.
Aeroterm is one the three main divisions of real estate operator Realterm, a company that capitalizes on durable insights into the supply and demand of real assets through the global supply chain. Its Aeroterm arm manages the largest high flow-through on-airport logistics real estate portfolio in North America. Aeroterm has built a reputation for understanding the dynamics of the air cargo business coupled with long experience in complex airport transactions. Its market presence gives Aeroterm the financial capacity to undertake large, long-term projects, while its flexibility allows it to customize those projects to suit individual client requirements for efficient utilization.