IDC Aerospace
1998Year Built |
27,805 SFBuilding Size |
SoldStatus |
IDC Aerospace, a division of Intertechnique Services Americas, provides repair, distribution and technical services for aircraft fuel and electrical system components. IDC’s parent company, the French conglomerate Zodiac, was founded at the turn of the century and continues to dominate the aerosafety market.
When the company sought to build a new North American repair facility, General Capital (with the assistance of NAI/MLG Commercial) helped the company identify sites, rank alternatives and analyze lease possibilities. The proposed facility was complex and required several special purpose components and demanding technical specifications to meet strict FAA requirements for equipment repair facilities.
Shortly before starting construction, the French parent company opted to own the 27,805 square foot facility, rather than lease it. General Capital restructured the original development agreement into a purchase contract, enabling the company to proceed with the project and meet its ownership objectives.
KEY THEMES
- Specialized build-to-suit industrial development delivered a highly technical aerospace repair and distribution facility in Menomonee Falls
- Collaborative site-selection process evaluated multiple locations and occupancy strategies to meet the client's operational requirements
- Purpose-built facility incorporated complex technical systems and specialized infrastructure required for FAA-regulated aerospace operations
- Flexible development strategy successfully adapted the project from a lease structure to client ownership as corporate requirements evolved
- Project demonstrates General Capital's ability to execute complex industrial facilities tailored to specialized manufacturing and technical users
RESULTS
- Successfully delivered a 27,805 SF build-to-suit aerospace repair and distribution facility in Menomonee Falls
- Met complex technical specifications required to support aircraft fuel and electrical system component repair operations
- Created a specialized North American facility designed to accommodate stringent FAA operational requirements
- Restructured the development from a lease arrangement to a purchase contract in response to evolving client ownership objectives
- Completed a successful industrial development that was ultimately sold following execution of the project's business strategy