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Duke Leases Warehouse, Commences 1M-SF Spec Dev
Duke Realty Corporation leased a recently-delivered 628,475-square-foot bulk warehouse and started construction of a 1,015,740-square-foot spec industrial building in 33 Logistics Park, an industrial development located in Easton, PA. The property is located on the east side of the Lehigh Valley, off Route 33.
An undisclosed national third-party logistics company plans to occupy 33 Logistics Park 1611, which was delivered in early July. 33 Logistics Park 1620, the new building Duke Realty is constructing, will be its third in 33 Logistics Park and be adjacent to 1611 and a 1.1-million-square-foot, fully leased bulk warehouse the company delivered in 2016.
Lee & Associates’ Dave Saltzman and Brian Knowles represented the tenant. Duke Realty’s Matt Bremner and Cait English, along with CBRE listing agents, Bill Wolf and Sean Bleiler, represented the landlord.
Construction on 33 Logistics Park 1620 has begun, with delivery scheduled for April 2018.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Lease
