FEATURE ARTICLE - ASIAN INVESTMENT EXPECTED TO GROW IN NEW JERSEY PORT AREA
By Liz Burlingame
Northeast Real Estate Business, March/April 2012
With a major expansion of the Panama Canal expected to be complete by the end of 2014, Port Newark — and ports across the nation — are racing to dig deeper harbors capable of handling the gigantic new ships that will have access to the ports.
Real estate experts say this growth is one reason a wave of Asian investors, particularly those from China, have been acquiring properties near the Port Newark Container Terminal in recent years. The port is the largest cargo facility in the Port of New York and New Jersey…read more.
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