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Denver International Airport has reached a deal to take over the WorldPort cargo development on its land for $4 million.
DIA reached a real-estate surrender-and-purchase agreement with J.P. Morgan Inc., owner of WorldPort, to buy leasehold interests.
WorldPort’s groundbreaking was in 2000, when it was envisioned as a project worth up to $100 million to serve as a leading regional air-cargo hub, but strong demand did not materialize.
