Norris Realty Advisors has been retained on numerous occasions for determination of the estimated fair market rent for a number of the largest container terminals and shipyards on the West Coast.
The determination of rent involves a complex review of a variety of factors relating to container terminal operation, including the minimum annual rent guarantee, wharfage fees, rail services fees, long term studies of land value trends, as well as a survey of required return rates for port-related properties.