#United States #Salt Lake City #Green Courte Partners #Park n' Jet #near-airport parking

Green Courte Partners Expands Its Airport Parking Portfolio

In a significant move to strengthen its position in the niche real estate sector, Green Courte Partners, LLC, announced the acquisition of Park n' Jet (PNJ) on March 10, 2026. The transaction emphasizes the company’s commitment to expanding its near-airport parking offerings, an area it has been increasingly investing in. Park n' Jet operates a key site serving passengers of Salt Lake City International Airport, and this acquisition is expected to bring several operational advantages.

Prior to Green Courte's purchase, Park n' Jet was leasing and running a facility adjacent to another property controlled by the company, known as The Parking Spot Salt Lake City, which boasts around 3,650 parking spaces. With this new acquisition, Green Courte will consolidate the two facilities into a comprehensive integrated parking solution that will offer roughly 4,400 spaces across more than 40 acres. The unified operation will be overseen by The Parking Spot team, further optimizing management processes and improving customer service.

Enhancing Customer Experience and Operational Efficiency

One of the key benefits of this acquisition is the enhancement of operational efficiency. The integration allows for more flexible entry and exit points, resolving previous access limitations and significantly improving the experience for customers traveling to and from the airport. The seamless integration of PNJ with The Parking Spot is anticipated to not only simplify logistics but also to improve customer capture—an essential factor in an industry that thrives on convenience.

Jordan Kerger, Managing Director at Green Courte, expressed enthusiasm about the acquisition, highlighting the firm’s longstanding belief in the growth potential of the near-airport parking industry. “This acquisition reflects our continued conviction in the near-airport parking sector and our commitment to scaling high-quality assets in strong growth markets,” said Kerger. By merging these two critical properties, Green Courte aims to boost operational performance and create long-term value for both investors and patrons.

Liz Dalton, who has been part of the Park n' Jet family for over three decades, underscored the trust built between the two entities, stating, “Our family has owned and operated Park n' Jet for over 30 years, and we've worked closely with Green Courte for the last five years. Given our longstanding relationship and their reputation for disciplined execution, it was an easy decision to entrust the next chapter of the business to Green Courte.”

About Green Courte Partners

Based in Chicago, Green Courte Partners, LLC operates as a private equity real estate investment firm dedicated to developing industry-leading companies in specialized sectors, including active-adult and independent senior living, land-lease communities, and near-airport parking facilities. The firm’s investment strategy revolves around acquiring high-quality real estate assets that provide attractive returns over a sustained holding period. With meticulous operational and asset management practices, Green Courte emphasizes a disciplined approach to transaction execution, ensuring success into future ventures.

For those interested in learning more about Green Courte Partners and their investment strategies, you can visit their website at www.GreenCourtePartners.com.