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Global Industrial Markets Growing Fast

SECAUCUS, NJ-As much as the US industrial market is being reconfigured, it's nothing compared to China. Entire cities are rising out of the ground, around ports that weren't players 20 years ago.

By Sean Ryan | Updated on June 08, 2006

Sean Ryan is associate editor of Real Estate New Jersey .

(To read more on the industrial market, click here.)

SECAUCUS, NJ-As big as New Jersey’s port area is, it’s only the 16th largest in the world. The vast changes to the industrial markets in Asia and Europe are serving the big growth in the global market, said Walter Rakowich, president and COO of ProLogis, to an audience of approximately 300 at the RealShare Industrial East conference. Rakowich was the keynote speaker for the event, which is produced by Real Estate Media, publisher of Real Estate Forum and GlobeSt.com.

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