(Atlanta, GA – May 1, 2017) The Atlanta office of Duke Realty Corporation (Duke Realty), a leading nationwide REIT (Real Estate Investment Trust) specializing in the ownership, management and development of quality industrial facilities, announces that it has begun construction of Camp Creek 4505, a new, speculative warehouse in Camp Creek Business Center in East Point and purchased 2601 Skyview Drive, a 225,000-square-foot industrial building in Lithia Springs. With these transactions, Duke Realty now owns and manages more than 11.3 million square feet of industrial properties in the Atlanta metro area.
“Demand for high-quality industrial space in the Atlanta metro area continues to be strong based on the metro area’s dynamic distribution characteristics,” said Chris Brown, Senior Vice President of Duke Realty’s Southeast Region. “Both Camp Creek and Lithia Springs are excellent locations for warehouse operations because of their outstanding highway access and proximity to Atlanta’s population center.”
Camp Creek 4505 will be the 10th warehouse Duke Realty has developed in Camp Creek Business Center, its 400-acre industrial park located in East Point on the southwest side of Atlanta, 3.3 miles from the airport. The building will offer 336,960 square feet of modern warehouse space, including 36′ clear height, all concrete truck courts, and flexibility for plentiful auto and trailer parking.
“We elected to begin development of a spec building in Camp Creek based on our Atlanta portfolio’s high occupancy and the success in filling up 3707 North Commerce, our previous spec building,” added Brown. “This new building will allow us to meet prospective tenants’ immediate space needs or offer an alternative to existing tenants that have grown and need additional space.”
The acquisition of 2601 Skyview Drive is consistent with Duke Realty’s strategy to grow its portfolio through high-quality industrial assets in top-tier distribution markets. Located in the I-20 submarket, 2601 Skyview is fully leased and near Hartman Business Center, a 569,674-square-foot building that is also owned by Duke Realty.
Parties interested in leasing opportunities in Camp Creek 4505 are invited to contact Wes Hardy at 770.638.2522 or firstname.lastname@example.org
About Duke Realty
In the Atlanta metro area, Duke Realty owns and manages more than 11.3 million square feet of industrial space. Its local office is located at 3715 Davinci Court, Suite 300, Peachtree Corners, GA, 30092.
On a nationwide basis, Duke Realty Corporation owns and operates approximately 142 million rentable square feet of bulk distribution and medical office real estate in 21 major U.S. metropolitan areas. Duke Realty is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. The company maintains a Baa1 rating from Moody’s Investor Service and a BBB+ rating from Standard & Poor’s Financial Services. More information about Duke Realty Corporation is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.