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Airport board approves Comlux hangar lease, foreign-trade zone sponsorship for GE and takes procedural actions
Summary
At its meeting the board approved a three-year lease with Comlux Realty for IMC Hangar 1B, approved a grantee-sponsorship letter for GE Aerospace's Lafayette foreign-trade zone application, approved minutes of a prior meeting and introduced the 2026 budget ordinance for later consideration.
The Indianapolis Airport Authority board approved several routine and commercial items during its meeting, including a short-term lease for IMC Hangar 1B, a grantee-sponsorship letter for GE Aerospace's foreign-trade zone application in Lafayette, approval of prior meeting minutes and the introduction of the 2026 budget ordinance for later presentation.
Comlux Realty LLC
The board approved a three-year lease with Comlux Realty LLC for IMC Hangar 1B covering Sept. 1, 2025, through Aug. 31, 2028. The lease covers 55,120 square feet at an annual rental of $661,440 ($12 per square foot). Staff…
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