Our first building at IAD
Our second building at PHL
Our original logo
Since the early 1990s, AFCO has grown from a single development project to a leading airport developer around the United States. Our journey includes many major milestones, including:
- 2019
AFCO delivers first third-party air cargo hub to e-commerce leader with the construction of a 200,000 sf facility at BWI. - 2018
AFCO is acquired by a Goldman Sachs infrastructure fund, positioning our company to take on projects regardless of size or cost. AFCO completes phase II of the Orlando Ground Support Equipment Facility. AFCO wins the opportunity to finance and develop the first cargo complex at San Diego Int’l. - 2012
AFCO develops first of its kind, LEED Gold Receiving and Distribution Facility at San Diego International. - 2011
Steve Forrer joins AFCO as its first Chief Investment Officer. - 2009
Mr. Charles (Chuck) Stipancic, Jr. takes over as President & CEO. AFCO acquires Avports, the leading US airport operating company, from Macquarie Aviation. AFCO develops the first privately funded commercial airport in the U.S. in Branson, Missouri. - 2008
AFCO develops first of its kind, environmentally friendly Ground Support Equipment facility at Orlando International. - 2004-2006
AFCO acquires FBO's in Detroit, Peoria, IL and Reading, PA. - 2000-2005
AFCO completes significant developments and acquisitions at BWI, PIT, DFW, MCO, AUS, BDL, RIC, ALB and JAN. - 2000
AFCO completes sale of a majority interest in 16 facilities to AMB Property Corp (now Prologis) and enters into a long term management contract. - 1996
AFCO acquires 10 facilities from AVIA Development Corp at LAX, DFW, Sea-Tac, BWI, and Kansas City as well completing its first development for FedEX at Kansas City. - 1993
AFCO completes the third and final phase of the Washington Dulles Air Cargo #5 complex as well acquiring its first cargo facility at Philadelphia International Airport. - 1992
Aviation Facilities Company, Inc. (AFCO) was established by Gerald T. Halpin and Francis X. Chambers, Jr., President & CEO, and a Vice President, respectively, of WEST*GROUP, one of the founders of Tysons Corner, VA developing headquarters complexes for Freddie Mac, Gannett, BDM and as well numerous multi-tenant commercial buildings occupied by the Federal Government and Fortune 500 companies.