(Chicago, IL – July 9, 2018) The Chicago office of Duke Realty Corporation (NYSE: DRE), the leading domestic-focused industrial property REIT (Real Estate Investment Trust) in the country, has renewed its leases with long-time tenants Sysco Guest Supply and Genera Corporation. Sysco, a provider of hotel supplies, will continue to lease 93,880 square feet in Carol Stream 370, while Genera Corporation, a manufacturer and distributor of automotive replacement parts, renewed its lease of 4220 Meridian Parkway. With these renewals, both buildings remain fully leased.
“We are pleased that both Sysco and Genera have elected to renew their leases in Duke Realty properties,” said Susan Bergdoll, Vice President of Leasing and Development for Duke Realty in Chicago. “Renewals by our valuable tenants are particularly gratifying because they are indicative of the quality and location of our properties and the service we provide our customers.”
Carol Stream 370 is a 304,624-square-foot building located at 370 Kimberly Drive in Carol Stream. 4220 Meridian is a 192,600-square-foot building in Aurora.
Rob Tamillo with JLL represented Sysco in their transaction, while Kelly Disser with NAI Hiffman served as the listing broker for Duke Realty. Genera was represented by Greg Nelson with Paladin Broker Services in its renewal. Susan Bergdoll and Casey Baird represented Duke Realty in both transactions.
About Duke Realty
In the greater Chicago area, Duke Realty owns, manages or has under development approximately 14.5 million square feet of industrial properties and has strategic land positions available for future development. Duke Realty’s local offices are located at 1301 West 22nd Street, Suite 800, Oak Brook, Illinois, 60523. The office phone number is 847.232.5400.
On a nationwide basis, Duke Realty Corporation owns and operates approximately 149 million rentable square feet of industrial assets in 20 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.