| From Archer’s website: “Acquisition price includes the acquisition of the master lease of the Hawthorne Airport, as well as certain subleases held by the seller parties with tenants at the airport. The acquisition price does not include Archer’s rights to purchase a controlling stake in the fixed base operator at the airport, develop additional hangar space at the airport, the potential performance-based earnout to certain seller parties or certain bank debt to be assumed as part of the acquisition. For more information, see “Management’s Discussion and Analysis - Recent Developments” in Archer’s Form 10-Q filed on November 6, 2025. The acquisition remains subject to the satisfaction of certain agreed-upon closing conditions.” Michael Rurik Halaby, FRAeS the name is a little deceiving: Hawthorne Municipal Airport, also known as Jack Northrop Field, is an FAA-designated general aviation reliever airport owned by the City of Hawthorne. Hawthorne Airport LLC—a strategic partnership of Kearny Real Estate Company, Wedgewood and Howard CDM—has entered into a 45-year ground lease agreement with the City to operate all non ...
On Sunday, November 9, 2025 at 12:57:33 PM PST, Amarnath S Murthy <[email protected]> wrote:
Thought KHHR was owned by Northrop? All the best, Amar ✈️ Sent from a mobile device, please excuse typos ✈️ On Nov 9, 2025, at 14:52, Jack Keady via Mifnet <[email protected]> wrote:
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