For U.S. seaports, diversification is the name of the game.
Supply chain executives remain fixated on connectivity, cost and speed-to-market. They also want network flexibility in the event of potential disruptions such as a port labor strike. This benefits cargo volumes at the nation’s Gulf/eastern seaport complexes.
Tenant requirements are pronounced in industrial markets with reasonable proximity to the nation’s busiest seaports—especially those with notable population centers. Vacancies in port-near facilities often vary based on individual market dynamics and inventory age.Our 2014 U.S. Seaport Outlook provides a distinctive analysis of seaport-centric industrial space in gateway U.S. real estate markets.
It explores the influence of global economic drivers, trade and cargo flows, socioeconomic and political factors, and port capacity and infrastructure investment.
We also profile major U.S. seaports, including TEU volumes and nearby industrial vacancies, with sensitivity conclusions drawn all the way down to the property level.
For an at-a-glance look at top seaports, we assessed and scored each major seaport from the vantage point of the real estate stakeholder who invests in, develops or occupies industrial property in port-centric locations.
The index is based on 25 measurable performance metrics, divided into two major categories: terminal operating factors and the corresponding real estate market factors.
The resulting index score is a combination of the performance indicators, and provides a subjective measure of a port’s value.
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