Massachusetts Port Authority | Commonwealth of Massachusetts Awards Facilities Contract to Euro American Air Freight Forwarding Co Inc (September 2026)
- Disclosed value
- Approximately $3,000 annually ground rent; $178,000 building rent in Year 1; annual adjustments of the greater of 3% or CPI; $500,000 Year 1 capital investment
- From minutes
- Approved
- Sep 10, 2026
- Renews
- Free account
The 30-second brief
Massachusetts Port Authority authorized a five-year Building 5 lease at Worcester Regional Airport with Euro American Air Freight Forwarding Co., Inc. The agreement includes approximately $3,000 in annual ground rent, $178,000 in Year 1 building rent, two five-year options, and a $500,000 roof-replacement investment.
Euro American Air Freight Forwarding Co Inc holds this facilities contract with Massachusetts Port Authority | Commonwealth of Massachusetts.
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Contract details
- Contract type
- Facilities
- Amount
- Approximately $3,000 annually ground rent; $178,000 building rent in Year 1; annual adjustments of the greater of 3% or CPI; $500,000 Year 1 capital investment
- Document date
- September 10, 2026
- Term
- Initial five-year term commencing on or about January 1, 2027, with two additional five-year option terms
- Renews
- Free account
- Source document
- Massachusetts Port Authority Minutes Board Meeting 2026-09-10 (Minutes)
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Questions about this contract
Who was awarded the facilities contract by Massachusetts Port Authority | Commonwealth of Massachusetts?
Euro American Air Freight Forwarding Co Inc was awarded this facilities contract by Massachusetts Port Authority | Commonwealth of Massachusetts, as recorded on September 10, 2026. The contract value is Approximately $3,000 annually ground rent; $178,000 building rent in Year 1; annual adjustments of the greater of 3% or CPI; $500,000 Year 1 capital investment.
How much is the Euro American Air Freight Forwarding Co Inc contract with Massachusetts Port Authority | Commonwealth of Massachusetts worth?
The Euro American Air Freight Forwarding Co Inc contract with Massachusetts Port Authority | Commonwealth of Massachusetts is valued at Approximately $3,000 annually ground rent; $178,000 building rent in Year 1; annual adjustments of the greater of 3% or CPI; $500,000 Year 1 capital investment, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Massachusetts Port Authority Minutes Board Meeting 2026-09-10 (Minutes), dated September 10, 2026 from Massachusetts Port Authority | Commonwealth of Massachusetts. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Euro American Air Freight Forwarding Co Inc hold?
Euro American Air Freight Forwarding Co Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Massachusetts Port Authority | Commonwealth of Massachusetts currently buying?
Explore Massachusetts Port Authority | Commonwealth of Massachusetts's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.