Sanders Capital Partners, LLC, a Birmingham-based real estate acquisition and development firm, has recently completed the purchase of the 70,000 square-foot hangar and corporate headquarters at the Enterprise Municipal Airport.
This hangar and corporate headquarters is home to Arista Aviation, a military and civilian contractor that maintains and refurbishes a variety of Bell and Sikorsky helicopters.
“Arista is a highly competitive provider of critical services to our country’s armed forces and vital civilian users,” states Jackson Stewart, Executive Vice President & General Counsel for Sanders Capital Partners. “Their proximity to Fort Rucker, the primary flight training facility for U.S. Army Aviators, is an obvious benefit to Arista and to Sanders Capital Partners.”
“Arista’s deep bench of talent and offerings of primary and ancillary services have helped establish them as a sought-out contractor to domestic and international clients,” elaborates Stewart. “We are pleased to work with their team and be associated with their missions that include, among others, supporting our armed forces and firefighting activities throughout the world.”
The acquisition of Arista’s corporate headquarters marks Sanders Capital Partners continued investment in aviation-centric assets, including the acquisition of a number of properties on the Bessemer Municipal Airport campus since 2018.
Since its inception, more than seven years ago, Sanders Capital Partners has built its portfolio by strategically acquiring and developing properties in the southeastern, midwestern, and southwestern United States.
