Port Authority Signs Long-Term Ground Lease with Aeroterm for New World-Class Cargo Facility at JFK

6.22.2021

The Port Authority of New York and New Jersey and Aeroterm announced today 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 a comprehensive Port Authority strategy to bring 21st-century standards to cargo operations at all of its commercial airports. Read more here. 

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David Rose

Managing Director, Senior Fund Manager, Aeroterm

Phone: 443.321.2627
Email: drose@aeroterm.com

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Greg Russell

Vice President, Investments

Phone: 443.321.2669
Email: grussell@aeroterm.com

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