Conrac Solutions Featured in Airport Magazine
ICYMI – Conrac Solutions Featured in Airport Magazine: The Consolidated Rental Car Facility (ConRAC) at Newark Liberty International Airport (EWR), has been featured in the October/November Issue of Airport Magazine. Titled, “Innovation in Airport Landside Financing” this case study highlights Conrac Solutions’ innovative approach and expertise in developing, operating, and financing ConRACs.
Financial close for the project took place May 2019, and construction is now underway. The ConRAC opening is scheduled to take place in April 2023. Thank you to project partners, the Port Authority of New York and New Jersey, the rent-a-car industry and equity partners Related Fund Management and Fengate Asset Management.
Additional information about the project may be found online here: www.conracsolutions.com/EWR.