Follett Higher Education Group needed a newer, smarter, bigger distribution and warehouse facility for its textbook operation, and it needed the space quickly. Follett worked with Duke Realty to find, lease, and build out a 551,200 square- foot-facility in Butterfield Corporate Park.
(Chicago, Ill. – Feb. 4, 2013) Duke Realty Corporation (Duke Realty), a leading nationwide REIT (Real Estate Investment Trust) specializing in the ownership, management and development of bulk industrial facilities, announced today that it has acquired 335 W. Crossroads, a 288,000-square-foot industrial building, and has leased 190,080 square feet in the building to RTC Industries…. Continue Reading
(Chicago, Ill. – Nov. 5, 2012) Duke Realty Corporation’s (Duke Realty) Chicago office has announced that it is expanding its industrial building at 1800 Averill Road in Geneva by 163,214 square feet to accommodate the needs of Peacock Engineering Company, LLC, a product packaging company that will continue to lease the existing 243,000-square foot building, as well as the new expansion space.
The Avon Walk for Breast Cancer is a 39-mile weekend walk event that raises money for breast cancer support and research organizations across the country. This year’s Chicago event drew participation from Duke Realty associates Ann Dee, Senior Vice President, Legal (far left) and Susan Bergdoll, Vice President, Leasing (pink hat), along with other members… Continue Reading
Duke Realty Corporation (Duke Realty) has expanded its Chicago and nationwide industrial portfolio with the acquisition of a 257,542-square foot industrial building at 940 N. Enterprise Street in Aurora.
Three longtime tenants in three of Duke Realty Corporation’s (Duke Realty) industrial properties in Chicago have recently committed to remaining in their space through lease renewals and expansions.
The industrial real estate market has the wind at its back due to improving economic conditions and pent-up demand. Several key indicators are trending in the right direction. As demand drivers return, industrial REITs’ overall performance is expected to improve in 2012, marking a stark contrast from 2011. Many industrial REITs are newly recapitalized, after… Continue Reading
Duke Realty Corporation’s (Duke Realty) Chicago office announces that it has completed Navistar Inc.’s new corporate headquarters campus in Lisle, Ill., a project which involved the rehabilitation of 1.2 million square feet of space in interconnected buildings, new construction totaling 27,000 square feet, and overall improvements to the 87-acre site.
Duke Realty Corporation (Duke Realty) added to its Chicago and nationwide industrial portfolio with the acquisition of an 827,258-square foot industrial building in Naperville that is completely occupied by Crate and Barrel, one of the largest retail home furnishing companies in the United States, under a long-term lease.
A rehabilitation project pulled in an award for the Chicago team. Navistar’s new headquarters in Lisle earned the Construction Industry Service Corporation (CISCO) 2011 Project of the Year in the Rehabilitation Project category. Duke Realty oversaw upgrades to a 1.2 million-square-foot facility with nine interconnected buildings on 87 acres. The project included a new 8,000-square-foot… Continue Reading