Since becoming CEO of Duke Realty in 2004, Denny Oklak has incited significant change within the company’s portfolio, selling off suburban office holdings in favor of growing industrial and healthcare portfolios.
A cover story in REIT magazine takes a look at how Oklak has transformed Duke Realty’s investment allocation to bring the company greater stability by responding to the changing needs of the population—despite a daunting economic landscape.
In the process, the company has expanded its primarily Midwestern footprint south and east, and even far west into Southern California. An ambitious goal set in 2009 seems likely to come to fruition this year, as Duke Realty grows its healthcare holdings to 15 percent of its portfolio, and pushes its industrial segment to 60 percent.
Find out more about how Oklak has kept Duke Realty evolving successfully.