Skip Ribbon Commands
Skip to main content

News release

BALTIMORE, MD

JLL to Lease BWI’s Midfield Air Cargo Complex

Site is airport’s only available land for new build-to-suit service facilities


BALTIMORE, MAY 6, 2015 – Aviation Facilities Company Inc. (AFCO) has selected JLL’s Mid-Atlantic Industrial team to procure tenants for the 32-acre Midfield Air Cargo Complex at BWI Thurgood Marshall Airport. The site can accommodate up to 300,000 square feet of build-to-suit facilities and has 800,000 square feet of service apron space available.

“We are excited to have selected JLL, with its global reach and extensive industry knowledge, to supplement our efforts to grow and expand our already successful BWI portfolio,” said Chuck Stipancic, President and CEO of AFCO.

As a result of the airport’s ongoing capital improvement program and in response to recent plans for expanded airline presence and operations at the airport, BWI is slated to undergo a $105 million expansion of its international facilities by 2017. This will likely lead to new or increased requirements for facilities among airport and aviation-related entities.

“BWI has been one of the fastest-growing airports in the country in recent years,” said Mark Levy, Managing Director of JLL’s Mid-Atlantic Industrial Group and Baltimore Market Lead. “We are confident that there is abundant demand for this space.”

The Midfield Air Cargo Complex, which AFCO holds under a long-term lease, currently represents the only significant land parcel available at BWI  for new service facility development and construction.

“Midfield is an ideal location for industrial tenants requiring custom-built facilities with close airport proximity,” added Levy. “BWI’s ongoing expansion will only increase demand for this land.”

In addition to JLL’s Baltimore-based Industrial team, the firm’s Ports and Airports Group, based out of Los Angeles, will also be involved in leasing efforts.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $55.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.​