"U.S. ports are expanding their capacity and infrastructure in spite of widespread declining volumes in anticipation of the widening of the Panama Canal in 2014.
The top 13 U.S. ports alone will pour roughly $8.5 billion into container terminal and harbor dredging projects during the next five years, estimates Chicago-based real estate services firm Jones Lang LaSalle (JLL) in a new report. That amount totals nearly a quarter of the U.S. ports’ investment in capital projects since 1945, according to the American Association of Port Authorities.
Eleven of the top 13 ports experienced a decline in volume from 2008 to 2009. Altogether, their volume dropped 18.5% as both domestic and foreign consumption waned in 2008 and 2009, ...."The remainder of the article covers the ports of Savannah, Jacksonville & Charleston : http://nreionline.com/property/industrial/ports_beef_up_infrastructure_0630/
Rex Benton is Savannah Commercial Real Estate agent with NAI Savannah, the commercial division of Mopper-Stapen, Realtors and is a contributing columnist for "BiS-Business In Savannah" weekly business publication. www.naisavannah.com 912.358-5600 Office Retail Industrial Investment Real Estate
What are the documents needed in acquiring a property in Knoxville? I am a Canadian citizen and my application for immigration is still pending. Will this be a problem? Thank you and more power to you.
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