(Raleigh, NC – July 22, 2021) – The Raleigh office of Duke Realty Corporation (NYSE: DRE), the leading domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces that it has signed a lease with Carolina Furniture Installations for 12,673 square feet in its building located at 2700 Perimeter Park in Morrisville, NC. The lease with the office furniture installation company brings the 86,266-square-foot building to 100 percent occupancy.
“We are pleased to have Carolina Furniture Installations as a tenant in Perimeter Park 2700,” said Batista Orcino, Vice President of Leasing and Development for Duke Realty. “This building, along with our three other logistics buildings in the park, provide our tenants with exceptionally functional space as well as superior access to several major roadways and Raleigh-Durham International Airport.”
Located midway between Raleigh and Durham just off N.C Highway 54 near the intersection of I-540 and I-40, Perimeter Park provides quick and easy connections to the entire metro area and beyond. Airport Boulevard connects with McCrimmon Parkway which runs through Perimeter Park and with I-54 just south of the park, giving tenants direct and convenient access to the airport.
Austin Nagey with CBRE represented Carolina Furniture Installations in the transaction. Duke Realty was represented by listing broker Larry Lakins with Colliers and Mr. Orcino.
About Duke Realty
In Raleigh, Duke Realty owns and manages 3.1 million square feet of logistics properties. Duke Realty operates its Raleigh portfolio out of its office located at 2900 S. Quincy Street, Suite 310, Arlington, VA 22206.
On a nationwide basis, Duke Realty owns, maintains an interest in or has under development approximately 162 million rentable square feet of industrial assets in 20 major U.S. logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is a member of the S&P 500. Duke Realty can be followed on Twitter, LinkedIn, Facebook and YouTube.
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