realestate

Delta sells key employee parking lot near ATL airport for $75M

Delta Air Lines sells Atlanta airport employee parking lot for $75M to Realterm.

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elta Air Lines sold a 58‑acre employee parking lot near Hartsfield‑Jackson Atlanta International Airport for $75 million to Realterm, a transportation‑focused REIT. The airline will lease the property back for 20 years, with four optional five‑year extensions, preserving employee access while unlocking capital. Located close to Gateway Center Arena, the sale‑leaseback is a common aviation strategy that lets airlines raise cash without relinquishing operational control. No changes to parking or airport operations are anticipated.

Delta sells employee parking lot near ATL airport for $75M.