The Port of Los Angeles is about to grow for the first time in decades. A new marine container terminal will eventually rise at the Port of Los Angeles, the country’s largest port, L.A. Business First reported. Port officials are seeking proposals for the new terminal, dubbed Pier 500. The facility, along with the neighboring Port of Long Beach, is among the busiest in the U.S. and world, and often cited as a linchpin in a logistics chain that has kept Southern California’s industrial real estate sector a hot spot for decades. Pier 500 is envisioned as a 200-acre site […]
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