Duke Realty Signs Two New Leases to Bring Two Warehouses to 100% Occupancy

Industrial buildings on I-88 and I-55 corridors remain attractive to product distributors.

(Chicago, Ill. – April 18, 2017) The Chicago office of Duke Realty Corporation (Duke Realty), a leading nationwide REIT (Real Estate Investment Trust) specializing in the ownership, management and development of quality industrial facilities, including 13.7 million square feet in the Chicago metro area, announces that it has signed leases with two new tenants, bringing two more of its buildings in the market to 100 percent occupancy.

The two leases include a 34,000-square-foot lease with Radiac Abrasives, a leading full-line manufacturer of grinding wheels, in 880 North Enterprise Street, an 188,700-square-foot building in Aurora. The other lease is with Mega Polymers, a manufacturer of engineering-grade thermoplastic resins, for 70,852 square feet in 1341-1343 Enterprise Drive, a 324,115-square-foot warehouse in Romeoville.

“We are pleased to be able to provide these two new tenants with high-quality warehouse space in two well-located Duke Realty properties,” said Susan Bergdoll, Vice President, Development and Leasing. “Our properties along the busy I-88 and I-55 corridors continue to provide distributors with great highway access so they can easily serve customers throughout the Chicago metro area and beyond.”

Dominic Carbonari with JLL represented the tenant in the lease in 880 North Enterprise Street, while Duke Realty was represented by Casey Baird, Leasing Representative, and listing agent Nick Eboli with Lee & Associates. Terri Alexander with Transwestern represented the tenant in the lease in 1341-1343 Enterprise Drive, while Duke Realty was represented by Ms. Bergdoll and listing agents Michael Connor and Trevor Ragsdale with JLL.

About Duke Realty

In the greater Chicago area, Duke Realty owns, manages or has under development 13.7 million square feet of industrial properties and has strategic land positions available for future development. Duke Realty’s local offices are located at 9377 West Higgins Road, Suite 600 in Rosemont.

On a national basis, Duke Realty Corporation owns and operates approximately 139 million rentable square feet of bulk distribution and medical office real estate in 21 major U.S. metropolitan areas. Duke Realty is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. 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.