Making the Impossible Happen for Regal Beloit

Regal Beloit teamed up with Duke Realty to create a facility that would enable the company to consolidate and expand, but the schedule was so tight that “impossible” became the word both teams most often encountered. “Everybody we talked to said there was no way to get it done,” said Rich Prestholt, Director of Preconstruction… Continue Reading

Duke Realty Announces 2013 Fourth Quarter Leasing Activity in Central Indiana

(Indianapolis, Ind. – Feb. 19, 2014) Duke Realty Corporation’s (Duke Realty) Indianapolis office announced that its team signed 4,706,821 square feet in leases in the last quarter of 2013. This volume resulted from new leases with several companies, as well as renewals and expansions by existing tenants. “We continued to see ongoing interest in our… Continue Reading

GNC Leases 342,840 SF in Browning/Duke Realty Spec Building in AllPoints at Anson

(Indianapolis, IN – November 20, 2013) Browning/Duke LLC, a joint venture between Browning Investments and Duke Realty, announces that General Nutrition Centers (GNC) has signed a long-term lease for 342,840 square feet in AllPoints at Anson 7A, a 599,780-square-foot warehouse/distribution center completed in June 2013. GNC, a specialty retailer of health and wellness products, will… Continue Reading

Two National Companies Expand in Duke Realty’s Lebanon Business Park

(Lebanon, Ind. – Aug. 19, 2013) Two national companies with operations in Duke Realty’s Lebanon Business Park (LBP), a 1,250-acre industrial park located just off I-65 between SR 32 and SR 39 in Lebanon, have recently announced plans to expand their operations in the Park and hire additional workers in the near future. Purity Wholesale… Continue Reading

Meijer Coming to Duke Realty’s Anson Community

(Whitestown, Ind. – May 6, 2013) Duke Realty Corporation (Duke Realty) today announced that Anson, its mixed-use development northwest of Indianapolis, will soon include a Meijer store. Meijer has confirmed that it plans to break ground on the project this summer, with the store slated for opening to the public in 2014. The store will… Continue Reading

NAIOP Industrial Deal of the Year Award Goes To Indianapolis Team

Duke Realty’s 376,000-square foot build-to-suit industrial building for Regal earned the Indianapolis team and our JV partner Browning the Indianapolis NAIOP Industrial Deal of the Year. The building serves as a regional distribution and logistics headquarters for Regal and is LEED® New Construction registered. The team delivered the building on budget and four weeks ahead of the targeted… Continue Reading

Self-Storage Facility Being Built in Duke Realty’s Anson Development

(Indianapolis, Ind. – Feb. 13, 2013) Duke Realty Corporation (Duke Realty) announced today that Self-Storage at Anson, a self-service storage facility, is being built in Anson, its 1,700-acre, mixed-use development on the northwest side of Indianapolis just off I-65. The planned facility, which is scheduled to open in July 2013, will include 500 enclosed storage… Continue Reading

Coming Opportunity (And Challenge) For Industrial Operations

A planned intermodal terminal near downtown Indianapolis will bring Hoosier importers and exporters an all-rail option for moving product. Which means opportunity and challenge, as well as a significant uptick in need for industrial buildings. Duke Realty Senior Vice President-Indiana Operations Charlie Podell is featured on Inside Indiana Business, writing about big opportunity for industrial… Continue Reading

REIT Magazine Covers Duke Realty’s “Transformative Decade”

Since becoming CEO of Duke Realty in 2004, Denny Oklak has incited significant change within the company’s portfolio, selling off suburban office holdings in favor of growing industrial and healthcare portfolios. A cover story in REIT magazine takes a look at how Oklak has transformed Duke Realty’s investment allocation to bring the company greater stability… Continue Reading