When once-thriving manufacturers close or shift operations, it can be hard for the communities around them to shoulder the loss. That’s what happened in Linden, New Jersey, and Baltimore, Maryland, after General Motors shuttered its assembly plants in those locations. The closures put thousands out of work and saddled those cities with vacant properties. Duke… Continue Reading.
In the News
Duke Realty’s Jeff Thornton, Senior Vice President for the Texas Region, answered questions recently about the Dallas-Fort Worth industrial market as part of a roundtable discussion with Texas Real Estate Business. All sectors of commercial real estate are active around the Dallas-Fort Worth metro area, and industrial is no exception. Thornton served as the roundtable’s… Continue Reading.
Representatives of Duke Realty’s Northeast Region took real estate professionals on a tour of Duke Realty’s new 600,000-square-foot facility in Lehigh Valley recently, and talked about the company’s long-term industrial strategy. Local dailies The Morning Call and Lehigh Valley Live covered the tour of the Palmer Township facility, the second to be leased at 33… Continue Reading.
Charlie Podell, senior vice president of Duke Realty’s Indiana and Ohio Region, was quoted recently in the Indianapolis Business Journal. Speaking at IBJ’s Commercial Real Estate and Construction Power Breakfast, Podell commented on growing demand in the industrial market in general, as well as the growth in the Indianapolis industrial market. “The market is as… Continue Reading.
At Duke Realty, we take our commitment to diversity and inclusion seriously. Whether it’s through our community involvement, diversity networking programs, diversity and inclusion initiatives, or commitment to supplier diversity, we’re always finding new ways to improve by focusing on what makes us unique. Our diversity council has been working for more than 15 years… Continue Reading.
As part of REITWeek 2017, our Chairman and CEO Jim Connor sat down with Matthew Bechard from REIT.com to discuss Duke Realty’s strategy after the sale of its medical office building assets to Healthcare Trust of America Inc. for $2.8 billion. “We had built the business…to a size where we had enough critical mass to… Continue Reading.
Jeff Palmquist, senior vice president of the Northeast Region for Duke Realty, recently spoke to the Lehigh Business Journal about how a new interchange opening along the Route 33 corridor in Palmer Township, Pennsylvania, has sparked new industrial real estate development. According to the Lehigh Business Journal, the opening of the Charles Chrin interchange has… Continue Reading.
Duke Realty CEO Jim Connor spoke about the company’s strengthened portfolio and accompanying industrial strategy for an article in the Indianapolis Business Journal earlier this month. The article describes how the strategy has paid off to the tune of third-quarter profits of $112 million and $700 million worth of projects in the development pipeline. “We… Continue Reading.
Duke Realty Regional Senior Vice President Ryan O’Leary offered insights into the growing e-commerce impact in a recent feature for REBusinessOnline. The article explored the continuing evolution of the Midwest industrial market in reaction to e-commerce growth, as well as the increasing demand for industrial parks near densely populated areas. O’Leary’s region includes the Chicago, Minneapolis,… Continue Reading.
Duke Realty is the sponsor of a new scholarship program, offered through Roosevelt University in Chicago, that aims to prepare women and minority students for success in the real estate industry. Jim Connor, President and CEO of Duke Realty and an advisory board member of Marshall Bennett Institute of Real Estate, advocated for this innovative program. “We… Continue Reading.