(Irvine, CA. ‒ Mar. 27, 2019) The Southern California office of Duke Realty Corporation (Duke Realty), the leading domestic-only, industrial-focused REIT (Real Estate Investment Trust) in the country, has hired Nancy Shultz as Senior Vice President. Shultz, an experienced industrial real estate professional whose accomplishments include completing more than $1 billion of building and land transactions in the market, will oversee the company’s 10.4-million-square-foot Southern California industrial portfolio with a goal of growing it through new development and investment opportunities in the market.
“We are pleased to add an experienced commercial real estate professional to our team as we grow this market and service our customers’ supply chain needs,” said Chris Burns, Senior Regional Senior Vice President of Duke Realty’s operations in California and Seattle. “Nancy has a proven record of success in commercial real estate and will be a real asset to our operations.”
Ms. Shultz comes to Duke Realty from Dermody Properties where she was Senior Vice President of Capital Deployment for the Southwest Region. Her responsibilities included acquisitions and management of industrial assets and development sites in Southern California. Prior to joining Dermody Properties, she served as Vice President of Capital Deployment at Prologis and AMB Property Corporation.
Ms. Shultz holds an MBA from UCLA Anderson School of Management and a Bachelor of Arts degree in accounting from Mississippi State University and is a former CPA. She is active in the Southern California NAIOP chapter and is an organizing committee member for the annual UCLA versus USC Real Estate Challenge.
About Duke Realty
In Southern California, Duke Realty owns, manages or has under development more than 10.4 million square feet of industrial properties and has strategic land positions available for future development. Duke Realty’s Southern California office is located at 200 Spectrum Center Drive, Suite 1600, Irvine, CA 92618. The phone number is 949.797.7000.
On a nationwide basis, Duke Realty owns, maintains an interest in or has under development approximately 153 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 listed on the S&P MidCap 400 Index. 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 is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.