Duke Realty Corporation
Serving more than 4,500 tenants and a company portfolio of 976 office, industrial, and retail buildings, Duke Realty Corp., a self-administered and self-managed real estate investment trust (REIT), employs 356 full-time facilities professionals in a portfolio that comprises 278 office buildings (30.9 million square feet); eight shopping centers (667,165 square feet); five chain stores (399,702 square feet); and 685 industrial buildings (85.7 million square feet). In 2003, the company reports more than $59 million will be devoted to capital expenditures in facilities, with $121 million going for operational expenses. New construction projects under way this year total 3.4 million square feet. The company’s policy is to seek to develop and acquire Class-A commercial properties located in markets with high-growth potential for Fortune 500 companies and other quality regional and local firms. Its industrial and suburban office development focuses on business parks and mixed-use developments suitable for multiple projects on a single site where the company can create and control the business environment.
[Editors’ Note: Putting an emphasis on the term full-service, Duke Realty Corp. is all things to all people. Whatever the specific need, Duke can support a business’ objectives by providing development (masterplanning, design, zoning, construction); build-to-suit; leasing for owned and managed properties; construction (build-to-suit, general contracting, tenant improvements); asset and property management; and such tenant services as advanced telecommunications and data services, reduced costs of office supplies, health and wellness programs, etc. through a unique partnership with “Duke Premium Partners.” Check out the company’s Duke SpaceFinder and Duke TenantConnect as further successes in keeping in touch with – and in front of – clients.]