Computer services company will occupy 166,024 square feet in industrial building delivered in August 2017.
The Chicago office of Duke Realty Corporation (Duke Realty), the nation’s leading pure-play, domestic-only, industrial property REIT (Real Estate Investment Trust), announces that it recently signed a lease with Acer Service Corporation, a repair and service provider for Acer computer products, to occupy 166,024 square feet in Lockport 16508. A 300,494-square-foot building located at 16508 S. John Lane Crossing, Lockport 16508 is the most recently delivered warehouse in a three-building acquisition along I-355 between I-55 and I-80 that Duke Realty completed in 2017. With this lease, Lockport 16508 is 55 percent leased, while the other two buildings in the portfolio, Lockport 16328 with 273,640 square feet and Lockport 16410 with 228,690 square feet, are 100 percent leased.
“We are pleased to welcome our new tenant Acer Services to Lockport 16508,” said Susan Bergdoll, Vice President, Leasing and Development for Duke Realty’s Chicago properties. “Our Lockport properties are well-suited for Acer Services and other companies that need convenient connections to the Chicago metro area.”
Jim Herbst with Interstate Tenant Advisors represented Acer Services in its lease, while listing agent Sean Henrick from Cushman & Wakefield represented Duke Realty.
Parties interested in leasing the remaining space in Lockport 16508 or other opportunities with Duke Realty in the Chicago market are invited to contact Susan Bergdoll at 847.232.5420 or Casey Baird at 847.232.5487.
About Duke Realty
In the greater Chicago area, Duke Realty owns, manages or has under development approximately 14.3 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 owns, maintains an interest in or has under development approximately 146 million rentable square feet of industrial assets, in 21 major U.S. logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500. More information about Duke Realty is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.