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Airport board approves five-year extension for corporate hangar lease
3338954 · May 16, 2025
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Summary
The Indianapolis Airport Authority approved a five-year extension and rental increase for the land and building lease with Hanger LLC for a corporate hangar in the Corporate Village.
The Indianapolis Airport Authority approved a first amendment to the land and building lease with Hanger LLC that extends the lease term five years, through May 31, 2030, with one 15-year renewal option, and increases the annual rent.
Ma…
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