(Dallas, Tex. — Jan. 4, 2011) Duke Realty Corporation’s (Duke Realty) Dallas office has leased 116,980 square feet in its Freeport VII building in Coppell, Tex., to Intechra, one of the world’s leading information technology (IT) asset disposition companies. With Intechra’s lease, Freeport VII, a 383,925-square foot warehouse/distribution building located at 611 South Royal Lane, is more than 85 percent leased.
“Intechra was looking for space close to the airport, as well as the interstate system, to efficiently integrate with their national network of IT processing facilities,” said Jeff Thornton, Senior Vice President of Duke Realty’s Dallas operations. “Not only does Freeport VII put Intechra within one mile of Dallas/Fort Worth International Airport, they also have immediate access to I-635, SH 121 and other major highways.”
“In addition to meeting Intechra’s transportation requirements, Freeport VII also provides several features that will enhance the storage and movement of the IT products they are retiring from use,” said Randy Wood, Vice President, Leasing for Duke Realty. “Freeport VII provides them with numerous dock doors, 32 foot clear height, and 40′ x 43′ bay spacing that will enhance Intechra’s logistical flexibility.”
“Duke Realty did a great job of identifying space that would meet our desire for airport access and help us improve how we store and transport products to and from our facility,” said Jim F. Mills, Chief Operating Officer of Intechra. “Freeport VII is exactly the type of building we were looking for.”
Freeport VII is located in Freeport North, a 13-building industrial development, just off I-635 and Freeport Parkway.
Forshey Hoobler with Jones Lang LaSalle represented Intechra in the transaction while Wood represented ownership.
About Duke Realty Corporation
In the greater Dallas/Fort Worth area, Duke Realty employs more than 60 associates and owns, manages, or has under development more than 15 million square feet of office and industrial properties. Duke Realty also controls 200 acres of land for future development in the market.
On a nationwide basis, Duke Realty owns and operates more than 134 million rentable square feet of industrial, office, and medical office space in 18 major U.S. cities. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke Realty is available at www.dukerealty.com.
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Editor’s Note: Please contact Duke Realty’s Communications Department if a photograph of Freeport VII is needed.