Arlington, VA – April 30, 2015 – FD Stonewater and Lynxs Group announced today they had completed the acquisition of a single-tenant property located in Grand Junction, Colorado. The multi-purpose industrial hangar and office facility is located within the airport grounds of the Grand Junction Regional Airport, and is fully leased to a single-tenant with a long-term lease. The transaction exemplifies FD Stonewater’s strategy of acquiring single-tenant, mission-critical facilities nationwide. The company has acquired in excess of $200 million of these types of assets encompassing more than 3.0 million square feet. The facilities were acquired in a joint venture with Lynxs Group, a developer specializing in airport facilities worldwide; the seller, P&L Properties, also remains a partner in the new ownership structure. David Stade, a Principal at FD Stonewater, commented, “Complicated deals with ground leases and multiple parties at the table such as this one can be more challenging to transact, but we tend to specialize in them and have built a solid track record doing it.” Andrew Schwartzman, FD Stonewater’s newest partner, added, “We’re excited by the opportunity to work with our new partners to continue to build value at the Grand Junction Airport in an enterprise that will continue well into the future.” Ray Brimble, Founder of Lynxs Group, said, “The location is outstanding with a world-class business aircraft maintenance and refurbishment service in the facility. We are pleased to be associated with this site.”
About FD Stonewater
FD Stonewater is a boutique real estate service and investment firm based in Arlington, Virginia, with offices in Los Angeles and New York with a track record of more than $10 billion in investment, advisory, development and acquisitions and over 40 million square feet of lease transactions. FD Stonewater offers a fully-integrated, national real estate platform with capabilities in Principal Investment, Development, Asset Management and Brokerage activities. http://www.fdstonewater.com.
About Lynxs Group
For the past 20 years, Lynxs Group has invested, developed and managed aviation related properties domestically as well as internationally. Lynxs’s entrepreneurial origins remain at the core of our endeavors as well as our spirit of innovation and creativity to develop and manage high-quality airport related projects around the world. Lynxs Holdings LP owns and/or operates aviation related properties in the following cities: Austin, Corpus Christi, San Antonio, and Houston, TX; Ft. Lauderdale, FL; Sacramento, CA; Anchorage, Alaska; and Vienna, Austria. Please visit our website for more details. http://www.lynxs.com.
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For further information:
Jenny Ortiz
512-539-2207 phone
jenny.ortiz@lynxs.com
Austin’s first trans-Atlantic flight reinvigorating cargo market
Posted: 5:57 p.m. Sunday, May 18, 2014
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By Laylan Copelin – American-Statesman Staff
As 200 or so passengers fly directly to London or return to Austin each day, about 25,000 to 30,000 pounds of freight — everything from computer equipment to Mexican peppers and Norwegian salmon — goes with them.
Austin’s first trans-Atlantic passenger flight is giving international shippers an alternative to trucking goods to airport hubs in Dallas or Houston — as well as direct access to London’s Heathrow Airport, one of Europe’s major cargo hubs that serves markets in Asia, Africa and the Middle East.
It also will help reverse a 13-year decline in air freight at Austin-Bergstrom International Airport and, if it succeeds, make the case for the city’s first trans-Pacific flight.
“This is the biggest story in logistics since the airport was built,” said Ray Brimble, who helped build Austin’s cargo port in the mid-1990s. “It changes where Austin sits in the global supply chain.”
Brimble is betting money on that assessment. His company, which sold the cargo port’s three buildings in 2006, bought them back as of May 12. A subsidiary of Brimble’s company, Lynxs Holdings LP, has been managing the facility since its opening.
Total cargo tonnage at Austin-Bergstrom has fallen by half since 2001 as Dell Inc. moved most of its manufacturing out of state and overseas, ground transportation became more competitive, and there was a consolidation of airlines and cargo shippers, Brimble said. International shipments fell by even a larger percentage at Austin-Bergstrom, but have been rising since 2009.
“There has been a sea change in how logistics works,” Brimble said.
Despite those structural changes in the industry, Brimble is expecting improvement at the Austin airport: “It’s been a long drought, but we’re expecting an upturn.”
The arrival of British Airways 787 Dreamliner and IAG Cargo, the freight arm of British Airways and Iberia, in March is expected to grow Austin’s international market.
Robert Harrison, deputy director of the Center for Transportation Research at the University of Texas, said one daily round-trip flight to London is a modest but significant start.
“It’s perfectly in keeping with Austin attracting Google and other leading-edge companies,” he said.
The 787’s technical advantages make the Austin-to-London route possible. It can fly more than 7,800 miles and use 20 percent less fuel due to better engines and lighter composite materials in the plane’s structure. With only a couple of hundred passengers, it is easier to sell out than larger planes, but its wide-body structure helps airlines realize 20 to 45 percent more cargo revenue than similarly sized airplanes, according to Boeing.
In March, British Airways started the trans-Atlantic service five times a week and increased it to daily service this month.
IAG Cargo officials say the route already is successful.
They said the cargo holds are 90 to 95 percent full — both ways.
David Shepherd, IAG Cargo’s head of commercial sales, said that’s unusual for a new route.
Unlike passengers who tend to fly from and return to the same airport, cargo is a one-way trip.
“The beauty of this route so far is that it has been fantastic both ways,” Shepherd said.
IAG Cargo’s loads were first reflected in March’s report released by airport officials.
Air cargo was up in March, with international cargo seeing a jump of 213 percent over the same month last year to 2.2 million pounds.
Shepherd predicted the Austin-London route would account for 8,000 to 10,000 tons per year — or about the same level for all of international cargo at Austin Bergstrom in 2001.
So far, only about 18 percent of each outgoing load is from the Austin-area market. The remainder is being trucked from as far away as Denver, El Paso, Tulsa, Laredo, San Antonio and Mexico as well as overflow from the Dallas and Houston international hubs.
“We basically had gridlock” at IAG Cargo’s facilities in Dallas and Houston, said Joseph LeBeau, IAG Cargo’s commercial vice president for the Americas.
Outgoing cargo has been largely oilfield and computing equipment, pharmaceuticals and Mexican peppers. Arriving in Austin have been automotive parts, pharmaceuticals and Norwegian salmon.
Brimble said today’s air cargo reflects the growing demand for fresh goods from around the world.
“People like fresh food and pharmaceuticals shipped fresh,” he said.
The goal is to grow Austin’s share of each load.
Given Austin’s economy, LeBeau said it shouldn’t be too hard: “This (market) is a no-brainer for air cargo.”
Jim Smith, the Austin airport’s executive director, said the city began courting British Airways in 2009.
“In essence, we had to persuade British Airways to fly over Dallas,” he said. “We have to demonstrate they won’t lose money in Dallas and that Austin will support it.”
Smith said the airport is now pursuing a trans-Pacific route.
“The success of the British Airways flight will determine how soon we’ll get a direct flight to Asia,” he said.
Harrison agreed.
“Other airline companies are going to keep an eye on Austin,” he said. “If they can make it work, there will be others.”
Brimble said Austin-Bergstrom has long runways and ample cargo facilities for expansion.
“We have very good infrastructure that hasn’t been utilized over the past few years,” he said. “It’s not a diamond in the rough. It’s a diamond.”
October 31, 2013
Read the announcment in the Grand Forks Herald.
http://www.grandforksherald.com/event/article/id/277101/group/homepage/
Grand Forks County commissioners Wednesday chose a private firm to lead the development of a proposed tech park at Grand Forks Air Force Base to develop unmanned aircraft systems.
FDSL, a joint venture between FD Stonewater and Lynxs Group, will recruit tenants and develop the Grand Sky tech park.
The Air Force announced earlier this month that it intends to sign a 50-year lease with the county, but, for that to happen, the county must have a developer lined up, said County Commissioner John Schmisek.
“I think the thing that stood out to us for FDSL was they seemed to be have a stronger financial ability to do this,” he said, adding that eliminating financial risk for the county factored into their decision. “This is potentially a $260 million to $300 million project that has to be funded with private funds through the developer.”
The other developer that submitted a proposal to the county is Grand Sky Development Co., owned by Texas-based Infinity Development Partners. Infinity has been working with the county on the Air Force lease proposal, Schmisek said.
Next steps
When the county gets the lease approve, FDSL will sublease from the county, and will be responsible for lease payments to the Air Force, he said. One of the next steps in the process is to sign a developer’s agreement with the firm, he said.
“We would hope we can do it as quickly as possible,” he said. “We are still hopefully shooting for a December timeline with the Air Force. That means we have to have these other things done before that.”
FD Stonewater is a firm based in Washington, D.C., that specializes in “developing, financing, owning and operating public entity-related lease build-to-suit projects,” according to a news release. Lynxs is a Texas-based real-estate developer that works primarily in the air-transportation sector, according to its website.
The two firms have worked together in the past. Last week, they announced that they helped secure a lease for a U.S. Coast Guard facility at Corpus Christi (Texas) International Airport.
The Grand Sky project, which local officials hope will be home to unmanned-aircraft businesses and researchers, is part of the state’s push to become an industry hub. North Dakota is one of 24 states that applied to be a test site to integrate unmanned aircraft into the national airspace.
For Immediate Release: October 24, 2013
FDL – CC, LLC (FDL), a joint venture partnership between FD Stonewater and Lynxs Group, has recently been awarded a long-term lease by the U.S. General Services Administration (GSA) for the development of a 160,503-rentable square foot, build-to-suit facility for the U.S. Coast Guard (USCG) Sector Headquarters located in Corpus Christi, TX.
FDL executed a ground lease in February of 2013 with the City of Corpus Christi for an approximately 9.5 acre site located at the Corpus Christi International Airport (CCIA). The ground lease structure was put in place to allow the City of Corpus Christi to fulfill an economic development priority in making the USCG facility at CCIA a reality. FDL’s expertise in both federal government real estate and the aviation/logistics sector allowed the City to choose this highly qualified private development team while at the same time eliminating the financial development risks for the City. FD Stonewater principal Claiborne Williams said, “The FDL team is truly excited about delivering this new U.S. Coast Guard, mission-critical facility at CCIA. Not only will the construction and operation of the facility support the local workforce but we all believe that it can serve as a catalyst for future development at the airport, which will greatly benefit the entire Corpus Christi community for many years ahead.” The new USCG Sector Headquarters will consist of an aircraft hangar and maintenance shops, office and support space, mission critical command facilities, data centers, berthing for ready crews, and amenities such as a food service area, gymnasium and outdoor courtyard. The facility will provide direct access to taxiways for USCG aircraft operations. The project will meet strict federal security standards and will be designed with sustainable practices to achieve LEED Silver certification. The facility is expected to be delivered in early 2015.
About FD Stonewater
Washington, DC-based FD Stonewater LLC is a national real estate advisory, investment and development firm that has completed $10B+ of transactions and has a specialization in developing, financing, owning and operating public entity-related lease build-to-suit projects around the country. The firm has completed the development of numerous federal design-build projects, including two U.S. Customs and Border Protection secure mission-critical facilities in Texas; a sophisticated U.S. Department of Energy archival facility in Morgantown, WV; a U.S. State Department logistics and shipping facility in Lorton, VA; and a U.S. Immigration and Customs Enforcement facility in McAllen, TX. FD Stonewater is committed to long-term asset and investment viability and currently asset manages over $300 million of assets totaling over 3 million square feet.
About Lynxs Group
Lynxs Group is an Austin, Texas-based international real estate development firm specializing in airport real estate and transportation infrastructure assets. Founded in 1994, Lynxs is privately owned and controlled yet maintains an ongoing strategic relationship with GE Capital Aviation Services & St. Joe Company (NYSE “JOE”). Lynxs is well established in the air cargo and airport infrastructure sector, having completed over 4.2 million square feet of projects in North America, Latin America and Europe. Lynxs has the expertise, capital resources, and flexibility to develop and manage most airport-related real estate projects at airports around the world. Having worked with and for airport authorities, airport owners, airlines, and other end users of airport-related real estate around the world, the company has successfully completed multi-tenant facilities, build-to-suits, master-planned airport projects, redevelopments, and development and public-private partnerships.
Austin, TX – May 20, 2013 – Airside Ft. Lauderdale LLC, formerly Lynxs Ft. Lauderdale CargoPort LLC, a 59,200 square foot warehouse/cargo facility located strategically alongside the tarmac of the Fort Lauderdale-Hollywood International Airport (FLL), has a unique offering of airside and landside access, office space, 169,000 square feet of aircraft ramp space, 150 paved, surface automobile parking spaces, 45 loading docks, and landscaped areas on 10.62 acres.
Airside Ft. Lauderdale LLC is pleased to announce two new tenants and 100% occupancy of its facility. Shoreline Aerospace, a global provider of supplies and MRO support services for commercial and military jets, will be moving its expanding business to our strategic airside location at FLL. The new location will enable Shoreline Aerospace to greatly increase its inventory support and continue building its MRO services to accommodate South Florida’s most active airport.
“We’ve found that our growing business and the gap in services for regional, narrow and wide-body jets at FLL offered a unique and synergistic opportunity to be first-in-market at this location,” commented Adrian Green, Managing Partner at Shoreline Aerospace. “Due to the size and opportune local of our new facility, carriers at FLL will be able to take advantage of our inventory, AOG services, line maintenance and heavy checks as soon as mid-June.” Shoreline Aerospace will be moving now through June 13 in a phased approach to ensure minimal business interruptions for its customers.
“We are excited to welcome Shoreline Aerospace to FLL and to our facilities because the combination of Shoreline’s capabilities and FLL’s rapid growth and aviation maintenance demands is extremely attractive,” comments Ray Brimble, CEO of Airside Ft. Lauderdale a member of the Lynxs Group of Companies.
Additionally, TUG Technologies, who is a leading Ground Support Equipment manufacturer with 35 years of experience in aviation ground support equipment has been an active tenant since November 2012 and will continue as a shared tenant in the facility.
About Airside Ft. Lauderdale LLC & Lynxs Holdings LP
Airside Ft. Lauderdale, formerly Lynxs Ft. Lauderdale CargoPort LLC, is located at 1800 SW 34th Street, Ft. Lauderdale, FL 33315. The property was completed in 2000. The property is wholly owned by Lynxs Holdings LP which has developed and managed aviation related properties domestically as well as internationally for more than 20 years. Lynxs entrepreneurial origins remain at the core of our endeavors as well as our spirit of innovation and creativity to develop and manage high-quality projects around the world. Lynxs Holdings LP owns and operates aviation related properties in the following cities: Austin, San Antonio, Harlingen, and Houston, TX; Ft. Lauderdale, FL; Sacramento, CA; Anchorage, Alaska; and Vienna, Austria. Please visit our website for more details. www.lynxs.com.
About Shoreline Aerospace
Shoreline Aerospace is a diversified aerospace company providing material and inventory support, supply chain management, purchasing and sourcing, repair management to the commercial and military aerospace markets. Shoreline services clients throughout the world by maintaining and constantly updating extensive inventories for Boeing, Airbus, Bombardier, Lockheed, Douglas, and other aircraft. For more information please visit: www.shorelinearospace.com.
About Fort Lauderdale-Hollywood International Airport (FLL)
Classified as a Major Hub by the U. S. Federal Aviation Administration, FLL is one of the fastest growing airports in the United States and ranked as one of the world’s 50 busiest airports. There are over 30 commercial airlines, 8 cargo carriers, and several charter operators at FLL that produced traffic of over 19.5 million domestic passengers and over 3.6 million international passengers in 2012.
CONTACT: Jenny Ortiz, Lynxs Group LLC (email: jenny.ortiz@lynxs.com, tel: 512-539-2207)
Austin, TX, January 15, 2013 –As of January 1, 2013, Lynxs has sold its interests in the Lynxs Bogotá CargoPort LLC, an 800,000 square foot air cargo facility at the Bogotá El Dorado International Airport (BOG) which it owned in partnership with Tribeca Asset Management. The sale was made to Grupo Acero, a recently formed company started by former Lynxs executive Robert Althuis. Additionally, Lynxs repurchased Althuis’ interest in all other Lynxs activities and assets, thus ending his involvement in Lynxs projects and properties effective December 31, 2012. These transactions allow Lynxs to focus its efforts and resources on its existing portfolio of projects as well as new ventures in North America, Latin America, and Europe.
Lynxs continues its presence and investment in Latin America and Colombia through a variety of partnerships and joint ventures, including its partnership in AirLogistix, a group of companies Lynxs founded three years ago with well-known Colombian aviation leaders Juan Emilio Posada, Fred Jacobsen, and Maurice Thorin Brauer. AirLogistix owns and operates a number of innovative businesses including ALX Cargo Center IAH LLC, the airside perishables facility at the George Bush Intercontinental Airport (IAH), and the AirLogistix Cargo Center BOG SAS, which operates in-bond customs and specialized handling facilities at the Bogotá El Dorado International Airport. Partner Maurice Thorin Brauer says, “We look forward to continuing our partnership with Ray Brimble and Lynxs through our joint AirLogistix activities.”
About Lynxs Group of Companies
Doing business for over 20 years in the aviation sector, Lynxs offers customized development, investment, management, and operation solutions for airports and financial investors and has experience in a wide range of asset classes including air cargo and logistics facilities, perishable and distribution centers, MRO facilities and hangars, low-cost carrier passenger terminals, temporary facilities, FBO facilities, airport hotels, rental car and parking facilities, and facilities for all types of government agencies which need to be on airport.
CONTACT: Jenny Ortiz
Lynxs Group LLC
512-539-2207
Anchorage, AK – January 10, 2013 – Alaska CargoPort, LLC presents 2 hours 15 minutes from the window of our building condensed through time lapse into 55 seconds. Even in the extreme cold of a winter day in Alaska, the cargo continues to fly in, exchange hands, and fly back out to its ultimate destinations. It is only a snapshot of the activity that takes place daily at the Alaska CargoPort, LLC.
Hope enjoyed this short peak into the day at the Alaska Cargport LLC.
About Alaska CargoPort, LLC
Built in 1999, with expansions and many improvements since, the Alaska CargoPort, LLC is located on the Ted Stevens Anchorage International Airport four miles southwest of downtown Anchorage, Alaska. The Alaska CargoPort is privately owned and operated- joint venture. The facility houses a variety of operations including ground handling, warehouse services, deicing, and GSE maintenance. Other features of the facility include 11 existing wide-body hardstands, 7 of which can accommodate 747-800 aircraft and this can be simultaneously; fuel hydrants for each position; and direct ramp access including two dedicated AOA gates on site.
For Additional Information Contact: Jenny Ortiz, Lynxs Group LLC. Email: jenny.ortiz@lynxs.com, Tel: 512-539-2207
Lynxs Group LLC Welcomes 2012 Formula 1 United States Grand Prix
AUSTIN, Texas – November 16, 2012 – Lynxs Group LLC is excited to share that our Austin Air Cargo Facility has been sharing in the Formula 1 excitement. As Austin, TX welcomes, 2012 Formula 1 United States Grand Prix, our facility has welcomed cargolux to use our ramp space for unloading cargo in preparation for the races which start today. Please enjoy the photo we have to share with you of the special aircraft involved in transporting the Formula 1 cars and equipment to each race venue.
Lynxs Group would like to wish all the visitors coming to Austin, TX and those involved in Formula 1, an excellent trip to Austin, TX.
Please see http://www.lynxs.com for more information. Corporate inquiries can be directed to Jenny Ortiz at +1 (512) 539-2207 or at jenny.ortiz@lynxs.com.
Lynxs in the News 