Duke Realty Signs Lease for 109,523 SF in Newly Delivered West Palm Beach Warehouse

Eastern Metal Supplies will occupy 75% of Turnpike Crossing 6729; leasing and development opportunities still remain in well-located industrial park.

(Weston, FL ‒ Sept. 20, 2018)   The South Florida office of Duke Realty Corporation (NYSE: DRE), the leading domestic-focused industrial property REIT (Real Estate Investment Trust) in the country, announces that Eastern Metal Supplies, a distributor and fabricator of aluminum extrusions and sheet products, has leased 109,523 square feet in Turnpike Crossing 6729. Delivered September 1, Turnpike Crossing 6729 totals 146,253 square feet and is Duke Realty’s fourth building in its Turnpike Crossing development which fronts the east side of Florida’s Turnpike at Jog Road in West Palm Beach. The remaining 36,730 square feet in Turnpike Crossing 6729 is available for lease.

“Turnpike Crossing continues to be an attractive location for companies looking for modern warehouse space complemented by excellent highway access,” said Ed Mitchell, Senior Vice President of Duke Realty’s Florida operations. “All of our buildings are two years of age or less and incorporate the features today’s users want. The location is superior as well, with Florida’s Turnpike immediately adjacent to our buildings and I-95 readily accessible via two other roads in the area. Tenants in our properties can quickly and easily be on their way to locations throughout Florida and the rest of the country in just minutes.”

One of the newest and largest industrial developments in South Florida, Turnpike Crossing encompasses 67.2 acres that can accommodate 882,850 square feet in up to six, modern 32′ clear, Class A warehouses. Three other buildings in Turnpike Crossing, 1315, 1333 and 6747, have already been delivered and are all 100 percent occupied. Land remains available for additional development.

Duke Realty was represented by listing broker Robert Smith with CBRE and Stephanie Rodriguez, Vice President of Leasing.

Parties interested in leasing the remaining space in Turnpike Crossing 6729 or prelease or build-to-suit opportunities in the park are invited to contact Stephanie Rodriguez at Duke Realty at 954.453.5671.

About Duke Realty

Duke Realty’s South Florida portfolio currently includes nearly 7.5 million square feet of industrial properties. Duke Realty’s South Florida office is located at 2400 North Commerce Parkway, Suite 405 in Weston.

On a nationwide basis, Duke Realty Corporation owns and operates approximately 150 million rentable square feet of industrial assets in 21 key U.S. logistics markets. Duke Realty is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500. 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.