Bisnow/Allen Matkins LA Industrial and State of the Ports - John Condas

Allen Matkins partner John Condas notes new port regs drive up the cost of distribution but also help from an environment standpoint. That said, clients are facing a lot of headwinds, including from the SCAQMD. To counter negative perceptions regarding logistics facilities, NAIOP’s Inland Empire chapter is having two studies done as part of an advocacy program—one showing that truck emissions at the Port are far lower than air quality studies assume (due to the use of cleaner trucks), the other demonstrating that logistics facilities See more +

Allen Matkins partner John Condas notes new port regs drive up the cost of distribution but also help from an environment standpoint. That said, clients are facing a lot of headwinds, including from the SCAQMD. To counter negative perceptions regarding logistics facilities, NAIOP’s Inland Empire chapter is having two studies done as part of an advocacy program—one showing that truck emissions at the Port are far lower than air quality studies assume (due to the use of cleaner trucks), the other demonstrating that logistics facilities do have economic value. In addition, John says, “The clouds of uncertainty associated with RDA dissolution have finally lifted” and he expects to see some transactions starting next year. See less -