For the equity portion, CalSTRS has agreed to initially contribute up to $150 million and First Industrial has agreed to initially contribute up to $17 million, representing a 90% and 10% equity interest, respectively.
Travelport is a Travel Commerce Platform providing distribution, technology, payment and other solutions for global travel and tourism industry.With a presence in over 170 countries, over 3,500 employees and 2014 net revenue of over $2.1 billion.e are a leading travel commerce platform providing distribution, technology, payment and other solutions for the $8 trillion global travel and tourism industry.
Keyport is part of the Bayshore Regional Strategic Plan, an effort by nine municipalities in northern Monmouth County to reinvigorate the area's economy by emphasizing the traditional downtowns, dense residential neighborhoods, maritime history, and the natural beauty of the Raritan Bayshore coastline.