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Lynxs and Shannon Airport Authority to explore major cargo hub at Shannon
Shannon Airport, Ireland, March 11, 2009 – Lynxs Group, a global airport cargo facility company, and Shannon Airport have signed a Memorandum of Understanding for the purpose of jointly developing a major international logistics hub and business facility at Shannon Airport, which is managed by the Dublin Airport Authority, the owner of Ireland’s three State Airports.
The agreement is a significant step towards the delivery of a state-of-the-art international cargo facility on a 200,000 square-feet (approximately 19,000 square-meters) site at Shannon Airport.
“The outstanding site design and location form an attractive real estate offering for new entities looking for cargo space, as well as the existing tenants currently at Shannon,” Lynxs Group Executive Director Anthony Jackson said, adding that the modern infrastructure to be put in place with customized options for tenants will make cargo handling easier.
The prime location of the Lynxs site will offer great access for tenants at Shannon Airport, which serves as the main airport in the West of Ireland with more than 3.1 million passengers traveling through in 2008, along with six North American routes
and 40 European routes.
The planned cargo port would be built at a cost of $15 million and would include aircraft parking configurations, an immediate taxiway and access to public roads. Preliminary building specifications for the cargo facility also include clear spans, chilled and freezer storage, air-conditioned offices, heated warehouse space, and automobile parking for office and warehouse
Shannon Airport has also provided Lynxs with rights for the development of any and all on-airport cargo facilities on the site until it is fully occupied. Lynxs anticipates a groundbreaking event by mid 2010 with the final stages of construction to be completed by early 2011 for what will be the first new cargo development project in over 10 years.
“The Lynxs CargoPort at Shannon would be the next chapter in the proud legacy of this airport. We are also confident that the onset of passenger pre-clearance for the US this year at Shannon, which will become the first airport outside the Americas with this facility, will also have future positive implications for cargo as well. This would be another significant strategic advantage for a major international cargo port at Shannon,” Lynxs Group President and CEO Ray Brimble said.
Lynxs Group is currently in discussions with major airlines and several cargo handling companies, including existing tenants at the airport, Brimble added. The state-of-the-art new cargo facility will be made available at competitive rates to current tenants and they will also be encouraged to play a major role in the development of an innovative cargo plan for Shannon. This would be the first phase in the overall project.
The parties are also currently planning a Phase II stage which would begin in the next five to ten years to further develop cargo and airport related facilities.
About Lynxs Group
Raymond J. Brimble serves as the President and CEO of Lynxs Group, LLC and Anthony Jackson serves as the Executive Director; Brimble’s business portfolio combines entrepreneurial, managerial and academic accomplishments spanning a thirty-year career. Mr. Jackson previously was an executive for a Danish-owned, multi-national group for more than twenty years and collaborated with Mr. Brimble in a joint venture involving computer-printer supplies manufacturing; building on their business relationship, in 2001 Mr. Jackson was asked by Brimble to join forces in the expansion of Lynxs Group to Europe and beyond. Through the years, both Brimble and Jackson have become known for bringing together numerous elements such as people, ideas, capital, research and expertise into one focused effort toward a common goal. www.Lynxs.com
Leasing inquiries can be directed through Executive Director Anthony Jackson on behalf of Lynxs Group at +44 (0) 1992-560-566 at anthony@jackson-proes.com or anthony.jackson@lynxs.com
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