In early 2012, Terracap entered into a long-term land lease agreement to develop a state-of-the-art, 50,000-square-foot air cargo handling facility at Edmonton International Airport. This project was part of a strategic effort to support the growing demand for efficient air freight operations in the region and to establish a modern logistics hub that meets the needs of the global supply chain. The facility was meticulously designed to accommodate large aircraft, featuring a reinforced apron capable of supporting heavy-duty cargo planes. This design allows aircraft to taxi directly to the building, where cargo can be offloaded seamlessly into the facility. The streamlined layout significantly enhances operational efficiency, minimizing cargo transfer times and optimizing the flow of goods between air and ground transportation networks. The cargo center is fully leased to a roster of high-profile, creditworthy tenants, including industry leaders Purolator, DHL, and Cargojet. These tenants leverage the facility’s advanced infrastructure to deliver reliable, time-sensitive logistics services across Canada and internationally. As a key asset at Edmonton International Airport, the facility plays a vital role in supporting the region’s economic growth, enabling faster and more efficient movement of goods while bolstering the airport’s position as a critical logistics hub. This development exemplifies Terracap’s commitment to delivering innovative real estate solutions that align with industry demands and regional growth opportunities.