(Weston, Fla. ‒ April 19, 2016) The South Florida office of Duke Realty Corporation, a leading nationwide REIT (Real Estate Investment Trust) specializing in the ownership, management and development of quality industrial facilities, announces that it has signed leases with two tenants for 76,316 square feet of space in one of its two, new industrial buildings currently under construction in Palm Beach County at Florida’s Turnpike and Jog Road. Sixty-one percent of Turnpike Crossing 1315, a 124,523-square-foot building, is already leased, with Straight Line Millwork leasing 23,066 square feet and RMB USA leasing 53,250 square feet.
“Turnpike Crossing is definitely meeting a need in the South Florida market for large blocks of distribution space with ready highway access as evidenced by the interest we’ve had in our two buildings and the remaining sites in the park,” said Ed Mitchell, Senior Vice President of Duke Realty’s Florida Region. “At Turnpike Crossing, companies can enhance their operations through modern, first-generation space in a superior location with high visibility. We welcome our first tenants to this dynamic new development and look forward to working with other companies looking for well-located, premium warehouse space.”
One of the newest and largest industrial developments in South Florida, Turnpike Crossing encompasses 67.2 acres that can accommodate 882,850 square feet in up to six, modern 32′ clear, Class A warehouses. Located in the west central portion of Palm Beach County, Turnpike Crossing provides direct access to Florida’s Turnpike via Jog Road, while two other roads in the Turnpike Crossing area provide northbound access to the Turnpike and I-95. In addition, Turnpike Crossing is close to South Florida ports and Palm Beach International Airport.
Both Turnpike Crossing 1315 and 1333 are nearly complete allowing for tenants to move in within the next few weeks. Each building has 32′ minimum clear height, 40′ x 50′ column spacing, and 50′ x 50′ dock bays. Turnpike Crossing 1315 includes 41 dock doors and Turnpike Crossing 1333 includes 34 dock doors. The two buildings share a 180′ truck court, with 212 parking spaces for Building 1 and 164 parking spaces for Building 2. Both buildings have tilt-up concrete walls, 50 mil TPO mechanically attached roofs and ESFR sprinkler systems.
The remaining 48,207 square feet in Turnpike Crossing 1315, along with Turnpike Crossing 1333, a 104,551-square-foot building also under construction on the site, remain available for lease. Parties interested in leasing space in either of these buildings or in build-to-suit opportunities in the park are invited to contact Chris Gallagher at Duke Realty at 954.453.5681.
About Duke Realty
Duke Realty’s South Florida portfolio currently includes 5.2 million square feet of industrial properties, complemented by select suburban office properties. Duke Realty’s South Florida office is located at 2400 North Commerce Parkway, Suite 405 in Weston. The office phone number is 954.453.5660.
On a nationwide basis, Duke Realty owns, maintains an interest in or has under development 141.8 million rentable square feet of industrial and medical office assets in 22 major U.S. metropolitan areas. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke Realty Corporation is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.