Disruptions With Panama, Suez Canals Means Trouble for CRE

Rising shipping costs could spur higher inflation, causing the Fed to be more cautious on rate cuts.

By Richard Berger | January 18, 2024 at 05:39 PM

Issues with the Panama and Suez Canals just started heating up in the last few weeks, but they have the potential to dramatically affect the commercial real estate investment climate throughout the coming year and even beyond that.

John Chang, National Director of Research and Advisory Services, Marcus & Millichap, explained in a recent news video the firm produced that the net impact of these shipping disruptions has been a sharp increase in container shipping costs.

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