Conrac Solutions
Conrac Solutions, in partnership with equity partners Related Fund Management and Fengate Asset Management, specializes in the design, construction, financing, operations, and maintenance of consolidated rental car centers and public parking facilities, notably at Newark Liberty International Airport. The company operates under a 40-year lease with the Port Authority of New York and New Jersey, delivering innovative solutions that enhance the airport experience.
The Newark facility, the first of its kind among PANYNJ airports, features a six-story structure powered by a solar array and is set to include numerous electric vehicle chargers. With a strong focus on sustainability and customer service, Conrac Solutions aims to provide significant benefits to rental car companies, their customers, and the traveling public.
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