Airport Plazas Closes on $7.0 Million Funding to Build its Next Plaza at Cincinnati/Northern Kentucky International Airport

Situated on just under 1.5 acres, the property will feature a main building of 9,800 sq ft and a fueling canopy with over 40 parking spaces. The location will be walking distance to the terminals and conveniently located off I-275. "We are excited to be bringing new services to CVG Airport that will also cater to passengers, non-flying public and airport staff", said George Abi Zeid, President & CEO of Airport Plazas. "The project is expected to break ground in March, open in October and will create both short and long term jobs", said Stefano Pascucci, Exec. VP, Business Development. Airport Plazas is also planning to break ground at four additional airports in 2011. The company has contracted BOVIS Lend Lease to manage the construction on this site and all sites throughout the country.

About Airport Plazas:

With over twenty years' experience developing and operating service plazas in the New York metro area, Airport Plazas, LLC, designs, constructs and operates "Airport Plazas" throughout the country. Exclusively located at the airport, the plazas service the needs of airport employees, related airport staff and passengers. Typical Airport Plazas offer gas, CNG, biodiesel, convenience store, light auto repair, towing, car wash, food court and off-site dry cleaning.

About Aviation Capital Partners:

Aviation Capital Partners, LLC, a DAMG Worldwide company provides creative financial solutions to operators on airports worldwide. Focusing on the real estate aspects of a company's investment, AvCap through its innovative lease structure will provide long-term funding to the operator to match the duration of its leasehold interest.

Airport Plazas, LLC Stefano Pascucci, 516-513-0155 ext. 336 Exec. VP, Business Development [email protected]

Source: Airport Plazas, LLC