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Duke Realty Inks Full-Building Tenant for Woodridge Spec Project
The Chicago office of Duke Realty Corporation has inked a lease agreement with Eaton, a provider of power management technologies and services across the world, for its newest facility in Woodridge, IL. The industrial REIT announced the start of the 370,973-square-foot speculative development on the site of a former AMC theatre at 10000 Woodward Ave. last August. Now, 100% preleased, it is scheduled for completion in July 2022.
“Our strategic approach to development and our investment in infill locations continues to pay off,” said Josh Bauer, Duke Realty VP of leasing and development in Chicago. “What was once a vacant movie theatre will soon be a strategically located, state-of-the-art warehousing and distribution center in a robust employment market — meeting Eaton’s needs for space and talent.”
Jason Lev with CBRE represented the tenant in lease negotiations. Duke Realty was represented by Jason West and Sean Henrick at Cushman Wakefield.
- ◦Lease