Duke to Develop Headquarters BTS in Master-Planned Arbor Lakes Park
Duke Realty will develop a 277,222-square-foot office and industrial property for candle manufacturer Illume that will serve as Illume’s new headquarters. The build-to-suit will be located in Duke’s master-planned Arbor Lakes Business Park, adjacent to the Arbor Lakes shopping district in the Twin Cities suburb of Maple Grove, MN.
Duke VP Josh Budish said the BTS, which will include 20,000 square feet of office space and 75,000 square feet to accommodate light manufacturing, will help Illume consolidate its operations from multiple locations. “In addition, the site’s rare combination of location and amenities will provide Illume with the opportunity to attract new employees to accommodate its planned growth.”
Bill Ritter with Colliers International represented Illume in the transaction, while Duke Realty was represented by Dan Swartz with CBRE and Budish.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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