Realterm secures funding to support cargo projects at ORD, JFK, MHT and PIT

Real estate developer raises $150 million for logistics fund

Aeroterm starts cargo redevelopment at JFK with new facility

JFK cargo rendering of Aeroterm project, photo courtesy of Port Authority of New York and New Jersey

Real estate developer Realterm has secured $150 million from investors for its open-ended fund Realterm Airport Logistics Properties (RALP) to fund cargo projects in Chicago (ORD), New York (JFK), Boston (MHT) and Pittsburgh (PIT). Already under construction are a 350,000-square-foot cargo project at JFK; an 800,000-square-foot cargo processing space at ORD, and 100,000-square-foot building at […]

 

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