Capital Transactions - Duke Realty

Investing in Our Future

Acquisitions and dispositions are critical in helping Duke Realty grow and strengthen our portfolio over time. We strategically use dispositions to ensure we have the highest quality assets with the best prospects for long-term performance. Proceeds generated from these sales are used to invest in properties that align with our goals, quality specifications and return targets.

Acquisition Differentiators

Discretionary capital that does not require external approvals allows for quick decisions
$1.2 billion line of credit provides immediate liquidity for transactions
Disposition pipeline generates cash for reinvestment
Vertically integrated company allows for quick due diligence led by in-house experts
Experienced transaction team that has completed $2.5 billion in transactions in the last 24 months
Strong reputation for consistent execution

Preferred Asset Specifics

Type: Class A or Class B
Location: Infill locations and strategic submarkets
Investment type: Core, core plus or value add
Deal size: $10+ million
Complementary logistics assets: Truck terminals, air freight, drop yards, multi-story, cold storage

Target Markets

Over the next four years, we plan to continue growing our presence in key Tier 1 logistics markets by allocating capital to growth regions across the country.

Recent Transactions

2041 Factory Street – Richmond, CA

Acquisition of cold storage facility in high-barrier Tier 1 market
109,594 SF last-mile facility 100% leased
32′ and 42′ clear height, plus acreage for additional trailer parking or future expansion
Institutional-grade facility with 100% cold space; product moves through facility without breaking the cold chain
Well-positioned to benefit from e-commerce’s penetration into the grocery and food logistics business

Des Moines Creek IV Portfolio – Seattle, WA

Acquisition of two industrial buildings in high-barrier Tier 1 market
512,041 SF
Class A buildings, 100% leased
1031 Exchange with a single Midwest building sale; maximizes Duke Realty’s geographic impact

Wind Gap Logistics Center – Lehigh Valley, PA

Acquisition of a 349,012 SF industrial building in a high-barrier Tier 1 market
54% leased when acquired
Quick due diligence turnaround by Duke Realty team

West Jefferson Fulfillment Center – Columbus, OH

Class A state-of-the-art 855,000 SF e-commerce fulfillment and sort center sold while under construction
100% leased for 15 years
Proceeds from the sale deployed toward purchases in targeted coastal markets