Report: Seaport property outperforms

Ports

Thursday, October 04, 2012

The commercial real estate firm Jones Lang LaSalle (JLL) said property near major U.S. seaports "continues to outperform the broader industrial market. Additionally, the tightness of these markets is funneling demand to inland distribution hubs with strong trucking and rail connections." The firm's U.S. Seaport Outlook 2012 reported competition among U.S. seaports continues to increase for inbound containers as the Panama Canal expands and larger ships are call U.S. po...

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