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Duke Realty to Construct 166K-SF Industrial Building in Raleigh
Logistics property REIT Duke Realty has announced plans to build Greenfield North 1201, a new, speculative, 165,921-square-foot bulk warehouse in Raleigh’s Greenfield North Business Park.
Greenfield North 1201 will be the eighth industrial building owned and operated by Duke Realty in Greenfield North Business Park. All of Duke Realty’s other buildings in the park are currently 100 percent leased. Construction on Greenfield North 1201 will begin immediately, with completion scheduled for July 2020. Greenfield North Business Park is a master-planned industrial campus.
“Raleigh remains a strong industrial market for Duke Realty, and Greenfield North Business Park continues to be an attractive destination for businesses looking for high-quality warehouse/distribution space in a central location with superior highway access,” said Battista Orcino, vice president of leasing and development at Duke Realty. “Since all of our Greenfield North properties are fully leased, we elected to start a speculative building so that we can be positioned to respond to clients with immediate space needs.”
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- ◦Development