Sure, Real Estate in LA is Expensive…but How About Airport LA Real Estate? Archer Aviation announced the completion of phase one in its acquisition process, putting them on track to have their own playground in Hawthorne Airport of California. They are going for the master lease from the City of Hawthorne along with the associated subleases, which will grant control of the real estate of the airport complex. They plan to acquire the FBO and passenger terminal in 2026 as part of phase 2 of the transaction. Once complete, that will grant full control.
