Duke Realty Corporation’s Columbus office recently acquired two industrial buildings in the city’s southeast submarket, totaling more than 1.07 million square feet. The addition of these properties increases Duke Realty’s total industrial portfolio in the Columbus area to more than 8.8 million square feet and more than 108 million square feet across the nation.
“The acquisition of these two industrial properties is consistent with Duke Realty’s strategy to increase its investment in well-leased, Class-A, modern industrial assets in strong distribution markets,” said Jim Clark, senior vice president for Duke Realty in Columbus. “These properties meet all of our requirements for location and building features, making them excellent additions to our local portfolio.”
The two acquired buildings are Creekside XIV, a 463,313-square-foot building located at 4555 Creekside Parkway that is 100 percent leased. Duke also acquired Creekside XXII, a 613,312-square-foot building located at 2120 Creekside Parkway that is 86 percent leased. Both buildings are located in Creekside Industrial Center,a 500-acre, master-planned industrial park.
