How to handle Midi port out from a global rack space?

Are you on Mac?
You could use IAC Driver
And with scripting you can Inject a Midi Message into the Local GP Port.

InjectMidiEvent(<physicalDeviceName : String>, <m : MidiMessage>)
InjectMidiEventViaRigManager(<rmDeviceAliasName : MidiInDeviceAlias>, <m : MidiMessage>)