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Low interest rates, punctuated with bouts of pessimism and volatility, are likely to continue in 2016, supporting moderate growth in commercial rents and investment sales volume globally, according to CBRE.
Volatility in global markets is not expected to deter foreign investment; industrial sector sees record levels, according to JLL.
Emser Tile will invest $16.25 million to establish a new East Coast distribution center in CenterPoint Intermodal Center in the City of Suffolk, VA.
The new custom manufacturing facility in Coppell, Texas will be the operations base for Panasonic’s videoboard and digital signage business.
The deployment of industrial robots is expected to double over the next three years.
NBCUniversal Telemundo Enterprises is set to break ground on its new 450,000-square-foot global headquarters on approximately 21 acres in Florida’s Miami-Dade County.
The $140 million investment will be used to build two new barrelhouses and expand the existing bottling facility at the company’s Lynchburg, TN facility.
Edison Chouest Offshore will receive more than $36M in incentives, including grants, workforce training, and infrastructure improvement assistance to establish its TopShip facility.
Highland Ridge RV, a manufacturer of towable RVs, will expand its operations in LaGrange County, IN, creating up to 65 new jobs by 2019.
While the U.S. economy has enjoyed steady job growth in recent years, some cities are capturing a larger share of total job creation than others, thanks in large part to factors unique to their local economies.