(Cincinnati, OH ‒ Mar. 19, 2018) Leasing momentum in Duke Realty’s Cincinnati industrial portfolio continues to be strong with the local team completing 387,180 square feet in new leases, renewals and expansions in its metro-area portfolio since the first of the year. This activity, coupled with the 2.7 million square feet in leases Duke Realty signed last year, bring the nationwide industrial real estate company’s 9.7 million-square-foot Cincinnati metro area portfolio to 100 percent occupancy.
“We continued to see ongoing interest in our Cincinnati properties from both new and existing tenants,” said Dan Colletto, Vice President of Leasing and Development for Duke Realty in Cincinnati. “We want to thank both our customers and the brokers who have helped us reach this milestone. Working together, we have successfully matched our tenants with the best spaces for their needs.”
Leases completed by Duke Realty since the first of the year include a new 9,760-square-foot lease with MMTPS in Southpark 1961, a 96,513-square-foot warehouse in Hebron, KY. Also in Hebron, Sun Chemical renewed its 354,371-square-foot lease at Skyport 2245. In addition, an existing tenant expanded its leased space by 11,052 square feet at World Park Union Centre 9407, an 86,364-square-foot industrial building in West Chester. In another transaction, ARI signed a 12,000-square-foot lease in World Park Union Centre 9422, a 64,800-square-foot industrial facility also located in West Chester.
Parties interested in leasing opportunities with Duke Realty’s are invited to contact Dan Colletto at email@example.com or 513.234.3709
About Duke Realty
In the Cincinnati metro area, Duke Realty owns and manages 9.7 million square feet of industrial properties. Duke Realty’s local offices are located at 5181 Natorp Boulevard, Suite 600 in Cincinnati. Parties interested in leasing and development opportunities with Duke Realty in Cincinnati are invited to contact Mr. Colletto at 513.234.3709.
On a nationwide basis, Duke Realty Corporation owns and operates approximately 146 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.