Lease Agreement ADA- 32287 Alaska Cargo and cold Storage LLC at Ted Stevens Anchorage International Airport

NOTICE OF APPLICATION FOR LAND LEASE: The State of Alaska, Department of Transportation and Public Facilities (DOT&PF), Ted Stevens Anchorage International Airport (Airport) proposes to execute a Land Lease under ADA-32287, as follows:  LESSEE: Alaska Cargo and Cold Storage LLC  PREMISES:  A portion of Block 34, consisting of approximately twenty-six (26) acres.  LEASE TERM: Fifty-five (55 years).  LEASE RENTAL RATE: $0.18 per square foot per year  PROPOSED VALUE OF INVESTMENT: $200,000,000. AUTHORIZED USES:  Develop, construct, operate and maintain a 700,000 square foot air cargo warehouse, infrastructure and improvements to support cold, warm and general cargo storage warehouse operations to include administrative offices, temporary storage facilities, climate-controlled warehouse facilities and 747 aircraft and vehicle parking.

This file is available for review during regular business hours, Monday through Friday, at the Leasing Office of Ted Stevens Anchorage International Airport, located in Room C3980 on the third floor of the South Terminal, at 5000 W. International Airport Road, Anchorage, Alaska 99502.  Comments or competing applications may be submitted in writing to: Attention:Teresa Ressler, Leasing Land Manager, Ted Stevens Anchorage International Airport, P.O. Box 196960, Anchorage, Alaska, 99519-6960, but must be received by 5:00 P.M. on or before August 8, 2019, after which the Department will determine whether or not to execute the Land Lease. 

The DOT&PF operates Federal Programs without regard to race, color, national origin, sex, age, or disability. 

Full Title VI Nondiscrimination Policy:

To file a complaint go to:

The DOT&PF complies with Title II of the Americans with Disabilities Act of 1990. Individuals with disabilities who may need auxiliary aids, services, and/or special modifications to participate in public meetings or who require special accommodations while gathering information on this file, should contact the Airport Leasing Office at telephone number (907) 266-2420, or Alaska Relay at telephone number: 711. Requests should be made at least 5 days before the accommodation is needed make any necessary arrangements.

The Department reserves the right to correct technical defects in lease language, the premises' description, lease term, or the purposes of the lease, and to reject any or all applications when to do so is in the best interests of the Department.

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Created 7/11/2019 10:42:12 AM by mlbyrd


Department: Transportation and Public Facilities
Category: Public Notices
Sub-Category: Airport Leasing
Location(s): Central Region
Project/Regulation #:
Publish Date: 7/11/2019
Archive Date: 8/30/2019