Duke Realty is about to expand its Puget Sound footprint. The launch of a 261,000-square-foot development near and at the 12-acre Kent property it purchased in October 2020 for $23.5 million will bring Duke’s overall holding to about 4 million square feet of commercial real estate..
Started in late 2020, Duke went on a bit of a buying binge:
According to a news release, the industrial development will meet and/or exceed industry standards, when it comes to dimensionality.
The planned Kent industrial building will have a 40-foot clear height, 26 dock doors, 34 trailer stalls and parking for more than 260 cars. The site has been remediated to prepare for LEED certification standards.