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E-Commerce Has Inland Ports Booming

LOS ANGELES—“Inland-port markets have recovered faster than their non-port counterparts since the Great Recession,” says Scott Marshall, CBRE Group’s executive managing director of industrial & logistics in the Americas.

Since Inland Port Greer opened in 2013, Greenville, SC has seen triple-digit gains in container traffic volume. (Photo: South Carolina Ports Authority) Since Inland Port Greer opened in 2013, Greenville, SC has seen triple-digit gains in container traffic volume. (Photo: South Carolina Ports Authority)

LOS ANGELES—A surge in construction hasn’t slowed down absorption in the nation’s 12 primary inland-port markets, says CBRE Group in a new report. Nine of the 12 have seen availability rates decline from their post-recession peaks faster than the national rate for warehouses and distribution centers.

The nation’s largest inland port, Chicago, has seen a 26% increase in volume of twenty-foot equivalent units, or TEUs, since 2000. Along with its being the largest such market, Chicago also has the lowest availability rate at 6.6%. Greenville, SC, where an inland port opened in 2013, has seen triple-digit growth in cargo volume since then.

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Paul Bubny

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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