Port of Oakland MarketSpotlight - CBRE
Port of Oakland MarketSpotlight - CBRE
Port of Oakland MarketSpotlight - CBRE
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PORT STATISTICS<br />
ACTIVITIES<br />
Approximately 88% <strong>of</strong> the <strong>Port</strong>’s trade is with international trading partners/regions and 12% is domestic. Asia is the<br />
most signifi cant trading partner <strong>of</strong> the <strong>Port</strong> <strong>of</strong> <strong>Oakland</strong>. In CY 2009, 83% <strong>of</strong> the TEU’s that moved through the <strong>Port</strong> either<br />
originated from or were destined for Asia.<br />
2010 Cargo Vessel Arrival: 1,973<br />
Deepwater Berths: 20<br />
Container Gantry Cranes: 36 (includes 30 Post-Panamax; 22 <strong>of</strong> which are super Post-Panamax)<br />
Container Terminals: 759.3 acres<br />
Principal Exports: Edible fruits and nuts, meat, machinery, beverages, inorganic and organic chemicals, vehicles/not<br />
railway, cereals, electric machinery, medical instruments, plastic, aluminum, hide and skins, iron and steel.<br />
Principal Imports: Furniture and bedding, machinery, electric machinery, beverages, knit and woven apparel, vehicles/<br />
not railway, toys and sports equipment, plastic, medical instruments, spices/c<strong>of</strong>fee and tea, iron/steel products, wood and<br />
miscellaneous textile articles.<br />
TEU’s<br />
2010 Loaded Import: 802,913<br />
2010 Loaded Export: 954,814<br />
2010 Empty Import: 201,179<br />
2010 Empty Export: 362,308<br />
Total TEU’s: 2,330,214<br />
Percentage change vs 2009: 13.9%<br />
ProLogis is in exclusive negotiations<br />
with the <strong>Port</strong> <strong>of</strong> <strong>Oakland</strong> and<br />
City <strong>of</strong> <strong>Oakland</strong> to redevelop the<br />
former <strong>Oakland</strong> Army Base.<br />
The project proposes to incorporate<br />
more than 300 acres <strong>of</strong> the former <strong>Oakland</strong> Army Base<br />
adjacent to marine terminals to create state-<strong>of</strong>-the-art distribution<br />
buildings. Through a major expansion to the rail<br />
intermodal and cooperation with <strong>Port</strong>s America, benefi cial<br />
cargo owners will have on/near dock capabilities. This development<br />
will also attract other industrial uses that may<br />
benefi t from being close to a thriving <strong>Port</strong>, such as manufacturing,<br />
assembly, and R&D facilities. This “Gateway to the<br />
West Coast” will change the face <strong>of</strong> <strong>Oakland</strong> and will bolster<br />
the local and regional economy.<br />
The <strong>Port</strong> <strong>of</strong> <strong>Oakland</strong> has entered into a 50 year concession<br />
and lease agreement with <strong>Port</strong>s America, the largest independent<br />
American terminal operator.<br />
Year to date (through May 2011) in TEU’s<br />
Loaded Import: 314,709, +4.2% same time period from<br />
previous year.<br />
Loaded Export: 409,739, +6.6% same time period from<br />
previous year.<br />
Grand Total: 941,034 TEU’s, +6.9% same time period<br />
from previous year.<br />
The fi rst phase <strong>of</strong> <strong>Port</strong>s America<br />
<strong>Oakland</strong>’s operational plan includes<br />
the investment <strong>of</strong> up to<br />
$150 million to upgrade 160<br />
acres within the <strong>Port</strong> <strong>of</strong> <strong>Oakland</strong>,<br />
comprising some 4,400<br />
feet <strong>of</strong> berth. This investment is expected to create over<br />
6,000 jobs within the Bay Area and <strong>Port</strong>s America estimates<br />
that it is likely to help to preserve an additional 85,000 jobs<br />
regionally.<br />
In addition, during the life <strong>of</strong> its operational stewardship at<br />
the <strong>Port</strong> <strong>of</strong> <strong>Oakland</strong>, <strong>Port</strong>s America <strong>Oakland</strong> plans to invest<br />
signifi cant additional capital to improve the competitiveness<br />
<strong>of</strong> the port for the benefi t <strong>of</strong> its many served communities<br />
and customers. These investments are expected to aggregate<br />
to over $500 million, resulting in the creation <strong>of</strong> up to<br />
12,000 direct and 240,000 indirect jobs.<br />
<strong>CBRE</strong> logo is a service mark <strong>of</strong> <strong>CBRE</strong>, Inc. and/or its affi liated or related companies in the United States and other countries. All other marks displayed on this document are the property <strong>of</strong> their respective owners.