Metropolitan Airports Commission Meeting Minutes February 2026
GSE Facility Lease Approved with Alvest Equipment Services
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Description
The Commission approved a ten-year GSE Maintenance Facility Lease Agreement with Alvest Equipment Services, LLC for space at 2165 East 75th St. Facility rent is set at $36.18 per square foot plus applicable ground rental rates.
Contract Details
Contract Amount
Facility rent of $36.18 per sq ft plus Ordinance 121 Ground rental rates
Vendor
ALVEST EQUIPMENT SERVICES LLC
Agency
Metropolitan Airports Commission, MN
Contract Type
FACILITIES
Document Date
February 17, 2026
Contract Term
10 years
Renewal Date
2036-02-17
Renewal Info
Standard rates apply. Facility and ground space for operations. 10-year contract length.
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