The steep tariffs imposed on imports have disrupted Los Angeles-area ports, leading to a significant drop in industrial property leasing. In response, bonded warehouses, where goods can be stored without incurring tariffs until removal, have seen a surge in demand. Importers, anticipating a resolution to tariff disputes, are scrambling to lease these spaces to delay tariff payments. However, the availability of such warehouses is limited, posing challenges for importers hoping to manage costs amid the ongoing trade conflict.
As steep tariffs on imports throw Los Angeles-area ports into turmoil and chill industrial property leasing, one rare type of building is suddenly in hot demand - bonded warehouses where goods can be stored without paying tariffs until they are removed.
There's been an absolutely crazy increase in demand for bonded space. Everybody wants to bring their goods here in advance of what they hope is a resolution of the tariff war.
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