SMC Corporation and Genera Corporation have committed to remaining in their space for the long term.
(Chicago, Ill. – Jan. 25, 2012) Duke Realty Corporation’s (Duke Realty) Chicago office announces that it has renewed leases with two longtime customers in Meridian Business Campus in Aurora, Ill. SMC Corporation, a tenant since 2002, will remain in its 22,000-square foot space at 858 Meridian Lakes Parkway, a 46,050-square foot building it shares with UPS. Genera Corporation, a manufacturer of automotive aftermarket replacement parts, also committed to a long-term lease renewal for the 192,000-square foot building that Duke Realty built to their specifications in 2003. Genera opted to renew its lease in conjunction with a new lease it entered into with Duke Realty in Dallas.
“Lease renewals are extremely important to Duke Realty because they express satisfaction by our tenants with their space and our company,” said Steve Schnur, Senior Vice President of Duke Realty’s Chicago operation. “I am pleased that both Genera and SMC are moving forward with Duke Realty.”
Meridian Business Campus is located south of I-88, west of Rt. 59 between North Aurora Rd. and New York Street. The park is home to more than 40 businesses.
Ken Franzese and John Cassidy with Lee & Associates represented Genera Corporation in their transaction, while Jeff Castell with Cassidy Turley represented SMC Corporation. Susan Bergdoll, Vice President of Leasing, represented Duke Realty’s Chicago office in both of the lease renewals.
About Duke Realty
In the greater Chicago area, Duke Realty owns, manages, or has under development nearly 13 million square feet of office, industrial and healthcare properties and has strategic land positions available for future development. Duke Realty’s local offices are located at 9377 West Higgins Road, Suite 600 in Rosemont.
On a nationwide basis, Duke Realty owns and operates approximately 141 million rentable square feet of industrial and office assets, including medical office, 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.