(Jersey City, NJ. ‒ Jan. 7, 2020) Duke Realty (NYSE:DRE), the largest domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, has promoted Art Makris to Regional Senior Vice President of its Northeast operations. In his position, Mr. Makris will be responsible for the leasing and management of its existing industrial properties in New Jersey and Pennsylvania, as well as identifying new development and construction opportunities. In addition, he will pursue and evaluate investments, focusing on land, building acquisitions, and build-to-suit and multi-tenant development projects. A 23-year associate of Duke Realty, Art has been instrumental in growing the company’s presence in Columbus, Ohio, where he has been directly responsible for the development of more than 14.5 million square feet of logistics space primarily at Rickenbacker Global Logistics Park and Park 70 at West Jefferson.
“Art has been one of our most successful leasing and development associates, working closely with many of today’s leading businesses to find the best logistics space for their operations whether it’s a build-to-suit or occupying space in one of our existing assets. He also has been creative in finding and securing the best land positions and working with local officials on zoning and incentives,” said Steve Schnur, Executive Vice President and Chief Operating Officer. “Art’s expertise and track record make him the perfect person to lead our efforts in the Northeast region since both New Jersey and the Lehigh Valley in Pennsylvania are areas where we want to grow our industrial portfolio.”
Art joined Duke Realty in 1997 and worked in the Cleveland market before transferring to Columbus in 2005. He was promoted to Vice President in 2006 and named market leader of Columbus in 2014. In 2018, Art began overseeing the company’s operations in Cincinnati and Nashville, Tennessee as well.
Art will be based out of Duke Realty’s New Jersey office which is located in Harborside 10 at 3 Second Street, Suite 502
Jersey City, NJ 07302. His phone number is 201.551.6410.
About Duke Realty
In the Northeast region markets of New Jersey and Pennsylvania, Duke Realty owns, maintains an interest in or has under development 13,090,049 square feet.
On a national basis, Duke Realty Corporation owns and operates approximately 155 million rentable square feet of industrial assets in 20 major U.S. logistics markets. Duke Realty is publicly traded on the NYSE under the symbol DRE and is a member of the S&P 500. 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.