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.
In the News
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.
Duke Realty CEO Jim Connor was quoted in a recent Wall Street Journal article on investors’ recent enthusiasm for shares of REITs with significant industrial portfolios. Duke Realty’s strong first-quarter earnings are referenced in the article as well. According to the article, shares of REITs that own industrial space are up 17% this year, against 6%… Continue Reading.
As retirement nears for Duke Realty CEO Denny Oklak, he took a moment to reflect on his career accomplishments in an interview with REIT.com. Oklak, who served as CEO for nearly 12 years, felt especially good about the company’s repositioning in the last few years. “We really repositioned the company to have the best industrial… Continue Reading.
The Indianapolis Business Journal recently honored Duke Realty’s Mark Denien in their 2015 CFO of the Year recognition program. Denien was cited for his many accomplishments within the company, including bookkeeping for 141 million rentable square feet of space valued at more than $10 billion. In the IBJ profile, however, Denien reveals he almost pursued… Continue Reading.
Industrial development in the Midwest is burgeoning, and REBusinessOnline cites e-commerce as one of the driving forces. A feature article on the trend highlights the nearly 21.3 million square feet of industrial completions and more than 23.5 million square feet under construction in the region. Duke Realty Executive Vice President for the Central Region Steve Schnur… Continue Reading.
With more than two decades of experience in the Columbus region, Duke Realty has moved to a focus on industrial facilities, leveraging strong relationships and a burgeoning economy. An article in Columbus CEO highlights Duke Realty’s progress within the area, talking with Vice President of Leasing and Development Art Makris. “It’s an easy place to do business… Continue Reading.