Through a shared belief that the widened Panama Canal would shift international shipping to new routes, ports in both Southern California and New York/New Jersey have devoted the better part of 20 years to increasing their ability to handle larger ships, bigger containers and more traffic. Transwestern researchers explored how industrial development and infrastructure improvements are driving rent growth in both markets.
Through a shared belief that the widened Panama Canal would shift international shipping to new routes, ports in both Southern California and New York/New Jersey have devoted the better part of 20 years to increasing their ability to handle larger ships, bigger containers and more traffic. Transwestern researchers explored how industrial development and infrastructure improvements are driving rent growth in both markets.