
Duke Realty Activity Increases SoCal Investment to $2B
The Southern California office of Duke Realty Corporation recently acquired two in-service facilities and started a speculative development in Los Angeles County. This activity increases the company’s investment in Southern California to more than $2 billion.
Duke Realty is constructing a 146,068-square-foot logistics facility to LEED Silver certification standards at 13215 Cambridge St. in Santa Fe Springs. The company’s two acquisitions include:
- A 202,541-square-foot building on 9.24 acres at 14508 Nelson Ave. in City of Industry currently leased to Troy-CSL Lighting Inc., a manufacturer of energy-efficient lighting products
- A 94,140-square-foot building on 8.6 acres at 20915 S. Wilmington Ave. in Carson currently leased to Univar Solutions USA Inc., a chemical company
The industrial facilities are located with access to major freeways and interstates, proximity to the ports of Los Angeles and Long Beach, the Long Beach Airport and Los Angeles International Airport, and millions of consumers as well as a diverse talent pool.
- ◦Acquisition