Duke Realty recently announced that it had amended and restated its $1.2 billion unsecured revolving credit facility that includes an incremental reduction in borrowing costs if certain sustainability linked metrics are achieved each year. This is part of Duke Realty’s greater strategy and commitment to its ESG goals. This announcement received attention from S&P Global… Continue Reading
On April 12, 2021, Dallas Business Journal published an article, Dallas-Fort Worth projected to be No. 1 industrial market in U.S. this year — and No. 2 isn’t close, about the market’s outlook and optimistic future for industrial real estate. It’s expected that more than 27 million in industrial real estate space will be delivered… Continue Reading
Bisnow recently outlined how the pandemic has adversely impacted the construction industry in its article Construction’s Woes Start To Hit This Surging Real Estate Sector. The article also addressed how rising materials costs and supply chain disruptions are generating further impacts that are now impacting the commercial real estate industry. “Duke Realty Corp. Senior Vice… Continue Reading
As online shopping grew over the past year due to the pandemic lockdowns, so did the demand for ecommerce warehouse facilities. Retailers are also trying to meet tighter shipping deadlines with last mile facilities — delivery hubs closer to consumers. The Orange County Register details the impact it’s having on the Southern California real estate… Continue Reading
The recent grounding of a cargo ship inside Egypt’s Suez Canal, which handles approximately 10 percent of global trade, created a backlog of cargo ships impacting the world’s supply chain. Bisnow, reporting on the incident’s affect on U.S. commercial real estate, specifically logistics warehouses, tapped Chris Brown, senior vice president of the Southeast region for… Continue Reading
In the March 2021 edition of Chicago Industrial Properties, commercial real estate experts are asked their predictions for the industry after a year of pandemic-related restrictions and economic challenges. Susan Bergdoll, vice president and Chicago and Minneapolis operations leader for Duke Realty shared her insights on the future of logistics real estate in the Chicagoland… Continue Reading
On March 1, 2021, the Los Angeles Business Journal published an article, Duke Realty Buys City of Industry Site for $51 Million, featuring Duke Realty’s acquisition activity in the Southern California market. Our own Nancy Shultz shared with the reporter, Hannah Madans, the company’s growth strategy and tenant needs. “For nearly a decade, we have… Continue Reading
California Buildings News recently interviewed Jim Connor, Duke Realty chairman and CEO on the company’s investment strategy in California. The Q&A, Logistics Facilities Booming in California Due to Shopping Shifts & Pandemic-Driven E-Commerce, is featured in the Q1 2021 edition of the publication. “We have made and continue to make significant investments in California. In… Continue Reading
Addressing the pandemic-driven spike in e-commerce activity and its impact on the logistics industry, Bisnow interviewed Duke Realty Chairman and CEO, Jim Connor for a feature article on international e-commerce growth. The article, International E-Commerce Growth A Wild Card For U.S. Industrial Demand, published on February 22, 2021 shares Connor’s insights on industry trends. Connor… Continue Reading
Commercial Property Executive featured Duke Realty’s participation in the first community solar project in New Jersey that was launched in January, making a milestone in New Jersey Gov. Phil Murphy’s stated goal of reaching 100 percent clean energy by 2050. The February 18, 2021 article A REIT Pioneers Community Solar in New Jersey quotes Art… Continue Reading
