LOS ANGELES—While the growth opportunities are not overwhelming, there are some airport markets that are doing well, says Jones Lang LaSalle's 2013 Airport Index.
“Fuel costs are high and total air cargo growth is stagnant but there are regions that offer strong investment opportunity,” explains John Carver, head of Jones Lang LaSalle's Ports Airports and Global Infrastructure (PAGI) group.“Airport real estate investors should consider airports that benefit from growing trade with regions such as Asia and Latin America; airports that transport perishable goods (i.e., flowers, fruit); and those with close proximity to dense population centers that are high priority e-commerce delivery destinations.”
The report, which measures the nation's top 12 airports against qualitative and quantitative criteria including cargo volumes, infrastructure plans and real estate conditions found that:
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
