REITs hope to benefit from East Coast port investment

10/4/2012 | SNL Financial (free content)

East Coast ports are investing billions of dollars to attract the extra traffic expected from the 2014 expansion of the Panama Canal. REITs that invest in related real estate are hoping to benefit. "There's going to be a battle for that business, and there has been, but there's going to continue to be until it opens up and we see who wins,” says Tony Beck, First Potomac Realty Trust's southern Virginia portfolio vice president.

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SNL Financial (free content)

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