Re: CAA: Mutual Help List, Mutual Help List, Ground Lease Ratesfor Airport Industrial Parks

[John Lawson <jlawson@xxxxxxxxxxxxxxxxxxxx>]

Mike - as always, thank you!  You've put it better than I could have, 
I'm passing this on to my commission members for their consideration.

This is a unique place...on one hand, the Commerce Park is a Brownfield, 
so there are tax credits available that aren't available to many other 
industrial parks...on the other hand, we're on an island and not readily 
accessible to the freeway (about 15 minutes to get to I-75).

Thanks again.  Any chance you'll be getting up this way?

Semper Fi
John

Michael A. Hodges wrote:
> John - The right answer is  . . . It depends!  Since you are talking about
> non-aviation uses, the market would be determined by other
> industrial/business parks competing with you in the area.  However, the down
> side is that you are comparing yourself to developments that can sell their
> land, whereas you can only lease.  No matter the term, the reversion issue
> will undoubtedly rear its ugly head.  As such, available terms of a lease
> will play a MAJOR role in the rates you can expect.
> 
> Good Luck!
> 
> Michael    
> 
> Michael A. Hodges, MAI
> President/CEO
> Airport Business Solutions
> 365 Arroyo Drive
> Roswell, Georgia  30075-1258
> (678) 461-4300 
> 
> 
> 
> -----Original Message-----
> From: help-owner@xxxxxxxxxxxxxxxxxxxxxx
> [mailto:help-owner@xxxxxxxxxxxxxxxxxxxxxx] On Behalf Of John Lawson
> Sent: Tuesday, April 15, 2003 5:38 PM
> To: help@xxxxxxxxxxxxxxxxxxxxxx
> Subject: CAA: Mutual Help List, Ground Lease Rates for Airport Industrial
> Parks
> 
> 
> What are airports with industrial parks getting per square foot on their 
> ground leases for those parks?  Any details that affect the rate one way 
> or the other would be appreciated.  I'm doing some "ballpark" comparisons.
> 
> Semper Fi
> John
> 
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> 
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>    Find past Mutual Help topics in the CAA Help Forum
> http://www.californiaaviation.org/dc/dcboard.php
> 
> *****************************************
> California Aviation Alliance: Mutual Help List
>  
> To originate a message to the Mutual Help List, address your e-mail to 
>help@xxxxxxxxxxxxxxxxxxxxxx, fill in the 'Subject" line and your message or 
>use the convenient form at: http://www.californiaaviation.org/post_to_lists.htm
> Either way, your message will be received by everyone on the list.
> 
> To respond to someone elses message to this list, simply click on the 'Reply' 
>button on your e-mail program, leaving the 'Subject' line alone.
> Your response will be received by everyone on the list.
> 
> To manage your CAA subscriptions, use the CAA: Mail List Administration page 
>at  http://californiaaviation.org/cal/index.cfm 
> 
> 
> 
> 


   Find past Mutual Help topics in the CAA Help Forum
http://www.californiaaviation.org/dc/dcboard.php

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