News & Updates
AFCO Names Eli Gregory Executive Vice President – Airport Investment & Development
Aviation Facilities Company Management, LLC (AFCO) today promoted Eli Gregory to Executive Vice President – Airport Investment & Development. In his new position, Gregory will be responsible for growing the company’s portfolio through investment, acquisition and new development. He will maintain key relationships with airports and tenants, where AFCO has existing operations, and develop new relationships as…
Read MoreAFCO’s Steve Forrer Speaks at the International Air Cargo Handling Logistics Digital Conference
AFCO’s Executive Vice President and Chief Investment Officer Steve Forrer spoke as part of a panel on “Airport Challenges” at the 13th International Air Cargo Handling Logistics (ACHL) Digital Conference held in October 2021. In the session, Steve, along with Stephanie Wear of Philadelphia International Airport, Mammen Tharakan of Edmonton International Airport, and independent consultant and…
Read MoreAFCO Closes on $19M Refinancing for Air Cargo Facilities at Austin, Hartford, Pittsburgh and Richmond Airports
Transaction Expands the AFCO Airport Real Estate Group Financing Vehicle Dulles, Va., July 12, 2021—An affiliate of Aviation Facilities Company Management, LLC (“AFCO”) recently closed on more than $19 million in financing for cargo facilities at Austin-Bergstrom International Airport (AUS), Bradley (Hartford) International Airport (BDL), Pittsburgh International Airport (PIT), and Richmond International Airport (RIC). The…
Read MoreAFCO is proud to announce our partnership with Philadelphia International Airport (PHL)
AFCO is proud to announce our partnership with Philadelphia International Airport (PHL) on the redevelopment of Building C2, a key part of the airport’s cargo infrastructure and strategy. AFCO will work with PHL to drive immediate growth in cargo capacity by transitioning the entirety of the previously-multi use building to dedicated cargo operations. Our team will…
Read MoreAmazon Air Launches Daily Cargo Service at Pittsburgh International Airport
AFCO is proud to have worked closely with the Allegheny County Airport Authority and our tenant Trego-Dugan Aviation to help bring Amazon’s Prime Air operations to Pittsburgh International Airport (PIT). Serving as one of Amazon’s select gateway facilities around the country—and as a logistics hub and warehouse distribution center for the e-commerce giant—solidifies PIT as a competitive and growing…
Read MoreAFCO Selected to Develop Aeronautical Facilities at ABE
AFCO has been selected by the Lehigh-Northampton Airport Authority (LNAA) Board of Governors to plan and develop portions of on-airport property at Lehigh Valley International Airport (ABE). ABE has been experiencing significant growth in their air cargo operations over the last several years; the partnership with AFCO will help the airport better serve its existing…
Read MoreAFCO and American Triple I Selected to Develop Aeronautical Facilities at Laredo International Airport
Aviation Facilities Company Management, LLC (“AFCO”) in a joint venture with American Triple I Partners (“ATI”) was selected to develop nearly 75 acres at Laredo International Airport (“LRD”). The group, composed of the on-airport facility developer, investor, and manager – AFCO, and New York-based infrastructure investment firm – ATI, anticipates developing a range of facilities…
Read MoreAFCO and Avports Add Former American Airlines Exec to Board
Airport management and development platforms, owned by fund managed by the Merchant Banking Division of Goldman Sachs, gearing up for new era in aviation with operations vet Boda on board as director Dulles, VA. – Aviation Facilities Company Management (“AFCO”) and Avports announced today that veteran airline senior executive Suzanne Boda has joined its board as…
Read MoreAFCO welcomes our newest tenant, Majestic Terminal Service at RIC
AFCO welcomes our newest tenant at the Richmond International Airport. Majestic Terminal Service , handling a major e-commerce company, will be leasing 41,000 sf of space for 5 years in our existing cargo facility. We look forward to working with Majestic as they continue to grow the cargo handling side of their business, and we’re pleased we were…
Read MoreAcquisition News – AFCO Inc & Avports
Dulles, VA. – May 24, 2018 – Aviation Facilities Company, Inc. (“AFCO”) and AFCO Avports Management LLC (“Avports”), both industry leaders in the development and management of airports and airport infrastructure, announced they have entered into a definitive agreement to be acquired by West Street Infrastructure Partners III (“WSIP III”), a family of infrastructure investment…
Read MoreAFCO Acquires Air Cargo Facility at Mather Airport
Dulles, VA., (February 21, 2017) – Aviation Facilities Company, Inc. (AFCO) completed the purchase of an air cargo facility at Mather Airport (MHR) in Sacramento, California from GE Capital Aviation Services. The MHR facility is situated on a 4.5-acre site with direct ramp access and includes 33,300 square feet of air cargo warehouse and office…
Read MoreCharles "Chuck" Stipancic, Jr. Elected Washington Airports Task Force Chairman
The Washington Airports Task Force is a leadership organization that works on bringing solutions to the problems affecting our airports and the quality of air services they provide, as well as their ability to expand, because air service is important to our region’s economy. Stipancic succeeds David Whitestone, a partner in the Washington, D.C. office…
Read MoreAFCO Master Development Agreement Approved
AFCO Master Development Agreement Approved January 27, 2013 – Aviation Facilities Company, Inc. (AFCO) is pleased to announce that the Gary/Chicago International Airport Authority today unanimously approved development and management agreements to dramatically improve the economic landscape of the airport, the City of Gary and Northwest Indiana. AFCO will Lead the Development Under the terms…
Read MoreAFCO San Diego RDC LEED Gold Certification
AFCO support in the design, development and building of the Regional Distribution facility at San Diego International Airport receives LEED Gold certification. Learn more about the project and our participation here: Facts about the SAN AFCO partnership Project Highlights SAN CRDC Press Release AFCO Developing for the Future With our extensive knowledge of transportation facility and…
Read MoreAFCO San Diego RDC Project Construction Award
AFCO San Diego RDC Project Construction Award The Regional Distribution Center (RDC) project at the San Diego International Airport financed and developed by AFCO for the San Diego County Regional Airport Authority received the 2013 Project Achievement Award from the Construction Management Association of America. The C&S Companies San Diego office was Architect/Engineer for the project, and The Augustine Company of…
Read MoreAFCO Completes Construction of New Central RDC San Diego International
AFCO Completes Construction of New Central RDC San Diego International November 2012 Aviation Facilities Company, Inc. (AFCO) participated in a ribbon-cutting ceremony on November 14, 2012 to celebrate its completion of the Receiving and Distribution Center (RDC) project on behalf of the San Diego County Regional Airport Authority (Authority) at the San Diego International Airport.…
Read MoreAFCO Awarded Project to Finance, Design and Build a Central Receiving and Distribution Center at the San Diego International Airport
January 2012 Aviation Facilities Company, Inc. (AFCO) is pleased to announce that it has been awarded a contract and issued a formal notice to proceed to finance, design and build a Central Receiving and Distribution Center (CRDC) on behalf of the San Diego Regional County Airport Authority (Authority) at the San Diego International Airport in…
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