(Weston, Fla. – Feb. 7, 2017) The South Florida office of Duke Realty Corporation, a leading nationwide REIT (Real Estate Investment Trust) specializing in the ownership, management and development of quality industrial facilities, announces that it has signed leases with three new tenants, raising occupancy in one of its recently delivered Turnpike Crossing buildings to 100 percent and the other to 40 percent. Located in Palm Beach County at Florida’s Turnpike and Jog Road, Turnpike Crossing 1315 is a 124,523-square-foot warehouse that is now fully leased to three tenants. Two other tenants have signed leases totaling 47,350 square feet in Turnpike Crossing 1333, a 104,551-square-foot building, leaving 57,201 square feet available for lease. Both buildings were delivered in April 2016.
“Turnpike Crossing offers companies a rare combination of modern, first-generation warehouse space complimented by superior highway access and outstanding visibility,” said Ed Mitchell, Senior Vice President of Duke Realty’s Florida Region. “We are pleased to welcome all of our tenants to this dynamic new development and look forward to developing the remaining sites so that other companies can benefit from all that Turnpike Crossing has to offer.”
One of the newest and largest industrial developments in South Florida, Turnpike Crossing is a 67.2-acre site that can support up to 882,850 square feet in up to six, modern, Class A warehouses. Located in the west central portion of Palm Beach County, Turnpike Crossing provides direct access to Florida’s Turnpike via jog Road, while two other roads in the Turnpike Crossing area provide northbound access to the Turnpike and I-95. In addition, Turnpike Crossing is close to South Florida ports and Palm Beach International Airport.
The remaining space in Turnpike Crossing 1333 features 32′ minimum clear height, 40′ x 50′ column spacing, 50′ x 50′ dock bays, 20 dock doors, one drive-up ramp and an ESFR sprinkler system. A shared 180′ truck court is located between Turnpike Crossing 1315 and 1333.
Parties interested in leasing space in Turnpike Crossing 1333 or in build-to-suit opportunities on other sites in the park are invited to contact Stephanie Rodriguez, Vice President of Leasing, at 954.453.5671.
About Duke Realty
Duke Realty’s South Florida portfolio currently includes 5.3 million square feet of industrial properties. Duke Realty’s South Florida office is located at 2400 North Commerce Parkway, Suite 405 in Weston. The office phone number is 954.453.5660.
On a nationwide basis, Duke Realty owns, maintains an interest in or has under development 139 million rentable square feet of industrial and medical office assets in 21 major U.S. metropolitan areas. Duke Realty is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. The company maintains a Baa1 rating from Moody’s Investor Service and a BBB+ rating from Standard & Poor’s Financial Services. More information about Duke Realty Corporation is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.