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Duke Realty Secures Multiple Lease Deals in Texas, Dallas Portfolio 100% Leased
The Texas office of Duke Realty Corporation (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announced the execution of ten new lease agreements and renewals totaling 1,306,320 square feet of industrial real estate space during the 4th quarter of 2021.
The activity includes a recently secured renewal and expansion with Genera Corporation, an automotive parts company, for 260,819 square feet of space and a new lease with Dynamic Glass Products, a leading supplier of privacy glass, for 116,980 square feet of space. As a result of this lease activity, Duke Realty’s Dallas portfolio of more than 17 million square feet of space is 100 percent leased and the company’s Houston portfolio only has one vacancy.
“Across the country, we are seeing historically high demand for industrial space from multiple demand drivers such as e-commerce and expanding inventory strategies, as well as the traditional distribution of goods in the supply chain,” said Jeff Thornton, Duke Realty’s regional senior vice president and Texas market leader. “
- ◦Lease


