David Greek, managing partner, Greek Real Estate Partners, a development company specializing in industrial real estate, recently discussed disrupted operations at major California ports, which are leading to volatile cargo volumes and long-term uncertainty, with Andrea Zander, editor of Institutional Real Estate Americas. California ports, especially Los Angeles and Long Beach, have seen sharp fluctuations in cargo volume due to tariff-driven shifts in trade flows. While some East Coast and Gulf ports have absorbed part of this activity, the broader logistics network remains unsettled, with potential long-term changes if trade routes continue shifting through countries like Mexico. The situation could represent a structural shift in global trade flows.

How are current tariffs disrupting activity at key U.S. ports, particularly in California?

Tariffs have significantly disrupted operations at major California ports, including the Ports of Los