Duke Realty Constructing 673,920 SF Warehouse in Rickenbacker

Spec building follows development of two other industrial buildings in park that were both preleased prior to construction completion.

(Columbus, OH. – Oct. 30, 2017) The Columbus office of Duke Realty Corporation (Duke Realty) the leading U.S. domestic-focused industrial property REIT (Real Estate Investment Trust), announces the construction of RGLP Rail 1661, a new, modern 673,920-square-foot warehouse in Rickenbacker Global Logistics Park, a 1,576-acre, multi-modal industrial development located south of Columbus. The building, which is being built on a speculative basis, is located on a 43-acre site adjacent to the Norfolk Southern rail line and in close proximity to Rickenbacker Parkway, a Loaded-to-Capacity Zone; Norfolk Southern’s intermodal terminal; cargo-dedicated Rickenbacker International Airport; and major highways.

RGLP Rail 1661 is the third building Duke Realty has developed this year in Rickenbacker through a partnership with Columbus Regional Airport Authority and Capitol Square, Ltd. RGLP Gateway 2950, with 192,031 square feet, was delivered in July, and RGLP Gateway 2820, with 231,779 square feet, will be complete in November. Both buildings were preleased prior to the completion of construction.

“Interest in Rickenbacker continues to be strong as evidenced by the quick lease up of our two recent buildings,” said Art Makris, Vice President of Leasing and Development for Duke Realty. “The park’s central U.S. location and transportation options make it attractive to companies looking for logistics efficiencies. With this new spec building, we will be well-positioned to offer move-in ready, first-class space in Rickenbacker to companies with immediate space needs.”

Construction on RGLP Rail 1661 is underway, with delivery scheduled for December 2017. In addition to 36′ clear height, the building will feature LED lights with motion sensors, 68 fully equipped dock doors, four drive-in doors and parking for 81 trailers and 359 automobiles. RGLP Rail 1661 is expandable to 1,069,120 square feet, with incremental increases in dock doors and trailer and automobile parking.

Parties interested in leasing space in RGLP 1661 or build-to-suit and preleasing opportunities at Rickenbacker or other Duke Realty Columbus-area properties are invited to contact Art Makris at 614.932.6015.

About Duke Realty
In the Columbus metro area, Duke Realty owns and operates 10.2 million square feet of industrial properties. Its local office is located at 4675 Lakehurst Court, Suite 200, Dublin, OH 43016. The office phone number is 614.932.6000.

On a nationwide basis, Duke Realty Corporation owns and operates approximately 144 million rentable square feet of industrial assets in 21 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.