Duke Realty Secures Second Generation New Leases on More Than 829K SF of Space

CHICAGO — May 10, 2021 — The Chicago office of Duke Realty (NYSE: DRE), the leading domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, secures lease deals at five of its properties in the Chicagoland area totaling 829,348 square feet of space in the first part of 2021. “We continue… Continue Reading

Duke Realty Starts ~501K SF Spec Development in Miami 27 Business Park

WESTON, Florida — May 10, 2021 — The South Florida office of Duke Realty Corporation (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, breaks ground on a speculative development totaling 501,224 square feet of logistics space. The planned project is the second of two distribution… Continue Reading

Duke Realty Speculative Development Start Boosts Chicago Portfolio to ~17M SF

CHICAGO — May 5, 2021 — The Chicago office of Duke Realty (NYSE: DRE), the leading domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, recently announced the construction of a 299,520-square-foot speculative development in Bellwood, Illinois. The planned state-of-the-art facility is located within minutes of O’Hare International Airport, close to… Continue Reading

Duke Realty Secures Lease for 100,000 SF at Walnut Creek with National Cabinet Manufacturer

RALEIGH, NC – May 5, 2021 — The Raleigh/Washington, DC 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 new lease deal for its Walnut Creek 3071 facility. J&K Cabinetry, a national manufacturer of wood cabinets… Continue Reading

Duke Realty Secures Lease Deal with Global Apparel Importer for ~207K SF in New Jersey

JERSEY CITY, New Jersey – May 4, 2021 – The New Jersey 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 it has secured a long-term lease agreement with Vandale Industries Inc. (Vandale) for 207,021 square feet of space within… Continue Reading

At Duke Realty, Sustainability Means Planning for Future Generations

As a company built around American communities—and the businesses that sustain them—Duke Realty has a long tradition of stewardship and planning for the future. As Duke Realty’s chief operating officer, you might say I’m chief steward. With nearly 50 years in the commercial real estate business, Duke Realty’s outlook extends far beyond five or even… Continue Reading

Duke Realty’s ESG Strategy Gets Attention of S&P Global Market Intelligence

Duke Realty recently announced that it had amended and restated its $1.2 billion unsecured revolving credit facility that includes an incremental reduction in borrowing costs if certain sustainability linked metrics are achieved each year. This is part of Duke Realty’s greater strategy and commitment to its ESG goals. This announcement received attention from S&P Global… Continue Reading

Duke Realty Lease Activity Contributes to 2020 Dallas Market 23.2M SF Absorption Rate1

DALLAS – April 14, 2021 –  The Dallas 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 more than 740,000 square feet of lease and development activity in the fourth quarter of 2020. This activity includes four lease agreements in… Continue Reading

Dallas Industrial Real Estate Market Booming, Thornton Shares Expertise

On April 12, 2021, Dallas Business Journal published an article, Dallas-Fort Worth projected to be No. 1 industrial market in U.S. this year — and No. 2 isn’t close, about the market’s outlook and optimistic future for industrial real estate. It’s expected that more than 27 million in industrial real estate space will be delivered… Continue Reading

Duke Realty’s Rodriguez Tapped by Bisnow for Industry Insights

Bisnow recently outlined how the pandemic has adversely impacted the construction industry in its article Construction’s Woes Start To Hit This Surging Real Estate Sector. The article also addressed how rising materials costs and supply chain disruptions are generating further impacts that are now impacting the commercial real estate industry. “Duke Realty Corp. Senior Vice… Continue Reading