Duke Inks 173k SF of Warehouse Deals
Industrial REIT Duke Realty Corporation recently signed two leases totaling more than 172,000 square feet in two of its Chicago-area properties. In the larger of the two deals, Basic Crating and Packaging, a provider of crates and packaging for all-sized domestic and export shipments, will occupy 97,920 square feet in Crossroads Parkway 335 (pictured), a 288,000-square-foot facility in Bolingbrook, IL.
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, IL. “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,” said Susan Bergdoll, VP, leasing and development for Duke in Chicago.
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 advised Duke.
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