Duke Realty Signs Two New Leases Totaling 172,688 SF in its Chicago Properties

Basic Crating becomes tenant in Crossroads Parkway 335 in Bolingbrook, while Pioneer Logistics leases space in 50–56 N. Paragon in Romeoville.

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 two leases in two of its buildings in the Chicago metro area. Basic Crating and Packaging, Inc., a provider of crates and packaging for all-sized domestic and export shipments, will occupy 97,920 square feet in Crossroads Parkway 335, a 288,000-square-foot facility in Bolingbrook. Pioneer Logistics, a national and international logistics services provider, has leased 74,768 square feet in 50–56 N Paragon, a 150,000-square-foot building in Romeoville.

“We are pleased to welcome our new tenants Basic Crating and Pioneer Logistics to Duke Realty properties,” said Susan Bergdoll, Vice President, Leasing and Development for Duke Realty in Chicago. “Both our Crossroads and N. Paragon buildings are well-suited for these tenants and other companies that need convenient connections to highways, airports, Chicago and points beyond.”

Mitch Adams with CBRE represented Basic Crating in its lease. Dominic Carbonari with JLL represented Pioneer Logistics in its transaction, while listing agent Sean Henrick represented Duke Realty.

Parties interested in leasing and development opportunities with Duke Realty in the Chicago metro area are invited to contact Ms. Bergdoll at 847.232.5420 or Ms. Baird at 847.232.5487.

About Duke Realty

In the greater Chicago area, Duke Realty owns, manages or has under development more than 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 150 million rentable square feet of industrial assets, in 20 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.

 

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