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Hangar space available at
Dothan Rgnl Airport (DHN)
click here to see listing
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5.63 acres for sale at Eagles Roost Airport (AA10)
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(2) each 3,840 SF Hangars for sale or lease at Glendale Muni (GEU)
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31,350 SF private GA hangar for sale at Falcon Field (FFZ)
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 26,100 SF Hangar space for lease and transient space at Jacqueline Cochran Regional (TRM)
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3,000 SF Hangar space for lease at
John Wayne Airport (SNA)
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INVESTMENT OPPORTUNITY
61,720 SF hangar for sale, 95% occupied, 9.3% cap rate, at Gen William Fox Airfield (WJF)
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3,600 SF Hangar for sale at Monterey Peninsula Airport (MRY)
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T-Hangar for lease at Santa Monica Muni (SMO)
3,000 SF Hangar for lease at Santa Monica Muni (SMO)
3,600 SF Hangar for lease at Santa Monica Muni (SMO)
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HAYWARD HANGARS
1,428 SF hangar for sale/lease at Hayward Executive (HWD)
8,000 SF Hangar for lease at Hayward Executive (HWD)
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18,000 SF Hangar for sale at Camarillo Airport (CMA)
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1,428 SF T-Hangar for sale at Van Nuys Airport (VNY)
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BHS Properties
5,640 SF hangar for lease. Has beautiful buildout w/ kitchenette and restrooms at
Centennial Airport (APA), CO
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1/3 of 2,500 SF hangar for sale at
Rocky Mt. Metro Airport (BJC), CO
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2,800 SF hangar with 6,000 SF finished space including 2 pad sites and 7 parcels for development at Erie Muni (EIK)
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2,250 SF Hangar for sale at Greeley-Weld County Airport (GXY)
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3,000 SF Hangar for sale at Centennial Airport (APA)
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  1,088 SF Hangar for sale at Rocky Mountain Metro (BJC)
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Class A executive and suite office spaces for lease on the 2nd floor of the FBO terminal at Centennial Airport (APA)
50,000 SF of premium FBO hangar space for lease at Centennial Airport (APA)
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9656 Metro Airport Ave (BJC)
8082 S. Interport Blvd. (APA)
InterPort Lot FBO 15 (APA)
Fort Collins-Loveland Muni (FNL)
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4,200 SF Hangar for sale at Greeley-Weld County Airport (GXY)
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InterPort airport development land, consisting of multiple parcels, shovel-ready at
Centennial Airport (APA)
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25,000 SF Hangar space available for lease or transient space at New Castle Airport (ILG)
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DEVELOPERS:
AIRPARK FOR SALE - 62 acre airpark prime for hangar development
FreeFlight International Airport (2FA6), Coleman, FL
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Beautiful Airpark Property - 3,000 SF, 3-BR, 3BA home + 6,400 SF hangar on 1.46 ac
Eagles Nest Aerodrome (FD44), Crescent City, FL
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6,800 SF Hangar for sale at
Massey Ranch Airpark (X50)
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23,578 SF Class A flex building with 14,010 SF Hangar/Warehouse at Smyrna Airport (MQY)
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Rethinking Your Flight Department's
Hangar Base
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The cost to lease hangar space or purchase a hangar facility for business jets at the most popular metro airports across the United States has reached record highs in recent years. These increased costs associated with basing flight departments at increasingly crowded popular airports have become a source of frustration for many aircraft owners.
As this trend continues, more aircraft owners and flights departments should instead consider moving their operations to nearby airports. This could save significant money and even decrease overall travel time.
Real Estate Savings
The cost to lease or purchase hangars varies dramatically among airports, even when those airports are relatively close to one another. Relocating aircraft from a popular metro airport to a nearby airport can save aircraft owners millions of dollars over time.
For example, some of the highest cost hangars in the country are at airports such as White Plains, NY (HPN), Teterboro, NJ (TEB), Seattle, WA (BFI), San Jose, CA (SJC) and Van Nuys, CA (VNY). There are legitimate alternative airports (i.e., comparable runway length, amenities, etc.) to each of these in close proximity where hangar lease rates or purchase options are one-half to two-thirds less expensive. Here is an illustration of what this can look like: - Leasing hangar space for two Gulfstream 650s at Westchester County Airport in White Plains, New York, or approximately 20,000 SF of hangar space, at $65/SF/Year = $1.3 million/year
vs. - Leasing hangar space for two Gulfstream 650s at Republic Airport on Long Island, New York, or approximately 20,000 SF of hangar space, at $25/SF/Year = $500,000/year (For example see build-to suit hangar opportunity for 10,000-60,000 SF hangars at Republic Airport here: Republic_Airport_Farmingdale_Hangar_final.pdf
This is a savings of approximately $700,000 per year. Or, over a 10-year period a $7 million dollar savings. Fuel Savings Aircraft owners can also enjoy significant savings on the into-plane fuel cost, (also known in the FBO industry as the "ITP"), by basing their aircraft at a different airport. The ITP varies dramatically based on the popularity of the airport, with the price differential ranging from around $1 to $2 per gallon. Accordingly, for a flight department burning 200,000 gallons per year (a reasonable expected burn rate for two Gulfstream 650s), the fuel savings could be as much as $200,000 a year based on location alone. Cost of Repositioning Of course, this savings is reduced by the aircraft repositioning cost if the owner desires to continue being picked up at another airport, such as White Plains in the example above. Any decision to move to a nearby location must take into account the costs associated with this repositioning. Assuming that the cost of operating a Gulfstream 650 ranges from $4,400 to 4,900/hour, a 15-minute repositioning flight would run about around $1,200 (note that it is actually more like a 5-minute flight from FRG to HPN). Accordingly, if the aircraft needs to be repositioned to pick up the owner once a week in this scenario the increased cost would be $2,326 per week, or $120,952 per year, per G-650. Overall Savings Even with the increased cost of repositioning the aircraft, the savings are still dramatic in this scenario: - Real estate savings plus potential fuel savings based on 200,000 gallons purchased per year = $1.5 million per year
- Minus hypothetical yearly repositioning cost of $241,904 (two G-650s)
- Total savings of $1,258,096 per year
Other advantages of an alternative hangar base The scenario above contemplates the owner desiring to be picked up at a different airport than the aircraft's home base each time, but in many instances this may not even be necessary. For example, in the scenario provided above, aircraft owners who frequent their offices in New York City can utilize a helicopter to reach Republic Airport in just 14 minutes. Since there are not long taxi-wait times such as at White Plains and Teterboro airports, where taxi wait times can often reach 45 minutes, aircraft owners can actually significantly cut their total travel time by basing their aircraft at Republic Airport and getting there by helicopter from NYC. Further, increased drive times can be non-material. For example, for aircraft owners residing in the Los Angeles area, it may only be only be a few extra minutes to reach the Camarillo Airport instead of the Van Nuys Airport. In the Seattle area, it may only take an extra few minutes to reach Paine Field instead of Boeing Field, depending on traffic/time of day. And around Silicon Valley it can take a similar amount of time to reach the Hayward Executive Airport instead of the San Jose Airport. These nearby airports could offer aircraft owners an opportunity to lease hangar space at around half the cost, or even an opportunity to purchase a hangar facility for themselves .
Conclusion Aircraft owners can save a significant amount of money by choosing an alternative airport to base their aircraft. A number of large flight departments have already seen the value in doing so, while others have been slower to make the change. Ultimately, rethinking the aircraft base of operations can save substantial amounts of money over time, and without the perceived inconvenience. Katrin Gist leads CBRE's Airport Properties Practice and assists clients nationwide to purchase, sell, and lease hangar facilities. You can reach Katrin at [email protected].
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FEATURED PROPERTY for APRIL
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 A great opportunity to purchase a luxury 8,328 SF hangar-home on ±0.319 acre at Hicks Airfield (T67), just 14 miles NW of Fort Worth.
* Fee-simple - you own the land, not a ground lease
* 1,728 SF luxury 2 Bed, 2.5 Bath residence with stainless steel appliances & high-end finishes throughout
* 6,600 SF 2-bay hangar w/ 16' H Schweiss bi-fold doors & remotes, BendPak auto lift, polished concrete floor, and roll-up door between bays
Click here for more info, photos, and brochure
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SIGNATURE FLIGHT SUPPORT LISTINGS
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Click on the links to see listings, services, and amenities
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FEATURED AIRPORT DEVELOPMENT LAND & HANGARS
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Two FBO hangars available for lease with attractive rates and contract fuel. Click links for info:
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Future Development for 2018-2019 and newly renovated
office space available
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Hangars, buildings, and development lots
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Transient hangar space available
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NEW PROPERTIES
added MARCH 2020
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40,000 SF hangar w/ 7,500 SF of offices For Lease at Modern Aviation FBO, target completion August 2020 at
Boeing - King County Int'l (BFI), Seattle, WA
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13,500 SF hangar + 5,000 SF high-end offices w/ conference rooms, kitchenette, restrooms For Sale at
Snohomish County - Paine Field (PAE), Everett, WA
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±1,000,000 SF space For Lease. 43,000 SF is pre-leased, 36,000 SF shovel-ready for custom design-build FBO, MRO, multiple aeronautical business opportunities at
Dallas Executive (RBD), Dallas, TX
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12,000 SF corporate hangar w/ 80' W x 23' H door
for Lease or Transient Use at
Burlington - Alamance Regional KBUY, Burlington, NC
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12,000 SF corporate hangar for lease w/ Northern Jet FBO services & amenities at
Naples Municipal KAPF, Naples, FL
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3,850 SF corporate hangar for sale or lease, w/ offices, restroom, kitchenette, drive-thru door streetside, private & secure parking at Snohomish County - Paine Field KPAE, Everett, WA
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8,001 SF corporate hangar for sale, w/ internal 500 SF offices at Manitowoc County Airport KMTW, Manitowoc, WI
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22,145 SF corporate hangar for sale, w/ 4,292 SF offices at Livingston County Spencer J Hardy Airport KOZW, Howell, MI
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9,600 SF private hangar for sale, w/ 250 SF offices at Anderson Field Airport S97, Brewster, WA
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SOLD / LEASED PROPERTIES
(March)
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2,500 SF private hangar at Rocky Mt Metro (BJC), Broomfield, CO
SOLD
2- condo hangars each 2,200 SF at Addison Airport (ADS), Addison, TX
SOLD
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12,500 SF hangar/office Long Beach/Daugherty Field (LGB), Long Beach, CA
LEASED
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PRELIMINARY NOTICE of
RFP for Felts Field Development |
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This is PRELIMINARY NOTICE that the Spokane Airport Board will issue a Request For Proposals for development of a commercial hangar site at Felts Field Airport (KSFF).
The continually evolving public health directives surrounding COVID-19 may necessitate revising the planned schedule, but as of today, April 1, the timetable is as shown here:
EXPECTED DATES
April 8 - RFP Release
May 28 - Proposal Submission Deadline
The RFP is for the parcel circled above, adjacent to the air traffic control tower. The structure shown has been razed and is the site of the future Building 14 commercial hangar redevelopment.
Additional details, documents, and maps will be made available on the Felts Field website when the RFP Release Date has been finalized.
Contact:
Drake Beaton
Director of Properties & Contracts
Spokane International Airport
9000 W. Airport Dr., Suite 204
Spokane, Washington 799224
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30,000 SF available for lease at Brunswick Executive (BXM)
click here to see listing
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New Heights Industrial Park with 900,000+ SF of hangar, office, or industrial space for lease at Hagerstown Regional (HGR)
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9,000 SF Hangar for sale at Oakland County Int'l Airport (PTK)
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 RE/MAX Realty Affiliates
24,762 SF Hangar with 4,238 SF office for sale at Minden Tahoe (MEV)
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1,596 SF hangar with offices for sale at
Minden Tahoe Airport (MEV)
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Newly available heated, high tail hangar space for multiple jets including G650 and Global at Portsmouth International Airport (PSM)
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10,000 SF corporate hangar for sale at
Laconia Municipal Airport (LCI)
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Custom Build-to-Suit Hangars available for lease at Republic Airport (FRG)
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31,200 SF Hangar space for lease at
Republic Airport (FRG)
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 32,000 SF FBO hangar for lease or transient use at Portland-Hillsboro (HIO)
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30,000 SF Hangar for lease at Southwest Oregon Regional Airport (OTH)
click here to see listing
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96,000 SF of heated hangar space available for lease at Portland-Hillsboro (HIO)
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Privately owned, public-use 308 acre Spring Hill Airport for sale (70N)
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17,622 SF Hangar for lease at Spartanburg Downtown Memorial (SPA)
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Competitive rates and fuel prices!
6,080 SF corporate hangar for lease at
Dallas Executive (RBD), Dallas, TX
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8,000 SF corporate hangar for lease at
Dallas Executive (RBD), Dallas, TX
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6,080 SF corporate hangar for lease at
Dallas Executive (RBD), Dallas, TX
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35,000 SF FBO hangar space for lease at
Arlington Municipal Airport (GKY), TX
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6,000 SF Hangar for lease at Fort Worth Meacham Int'l (FTW)
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Follow the links below to view our properties
at the airports listed. Some airports have multiple properties.
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To see our properties at Fort Worth Meacham (FT) click below
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Secure your custom Aviation Facility at Austin's new private airport - Greenport Int'l (GIA)
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To see our properties at Bowerman Field click below
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Private Heli-Stop for lease atop Safeco Plaza
in downtown Seattle at 1001 Fourth Ave Plaza Heliport (WA54)
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Class A Hangar/Office space for lease at Boeing Field/King County Int'l (BFI)
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