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Duke Launching New Office Building At Parkwood Crossing In Indianapolis; Nine Parkwood to Fill Market Void For Large Floor Plates; I-465 Frontage Seen By 62,000+ Drivers Everyday.


INDIANAPOLIS -- Duke Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Corporation will use a long-time client's plans for new office space to launch its ninth building at Parkwood Crossing.

American Family Insurance American Family Insurance Group (aka "AmFam") is a private mutual company which focuses on property, casualty and auto insurance, but also offers commercial insurance, life, health, and homeowners coverage, as well as investment and retirement-planning products.  will occupy 45,000 square feet of space in Nine Parkwood Crossing, a 204,762 square foot building planned for Duke's Parkwood Crossing office park. Duke is well positioned at Parkwood Crossing, where occupancy is more than 90 percent. With the shortage of large, efficient blocks of contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file.  space available for lease in the marketplace, Nine Parkwood Crossing will fill the void. Construction is scheduled to begin on the project in early 2005 and the building will be open in January 2006.

"The Nine Parkwood Crossing building is attractive to American Family Insurance because of its large, efficient floor plates, high quality park, area amenities, visibility and easily accessible location of the park," said Jennifer Burk, Senior Vice President, Indiana Office Group for Duke. "In addition, we began our relationship with American Family American Family is a photographic artwork exhibition by Renée Cox. See also
  • An American Family, a 1973 documentary broadcast on PBS
  • , a 2002-2004 PBS drama starring Edward James Olmos and Constance Marie.
 in 1988 when we were their landlord at Shadeland Station. While we sold that property in 1999, we have had an on-going relationship with American Family as well as serving their real estate needs in several other markets throughout the Midwest and South. Because of their positive experience and confidence in Duke, our service and our associates, they chose us to assist them with this project and we are thrilled thrill  
v. thrilled, thrill·ing, thrills

v.tr.
1. To cause to feel a sudden intense sensation; excite greatly.

2. To give great pleasure to; delight. See Synonyms at enrapture.
 to do so."

Burk noted that Parkwood Crossing currently consists of eight buildings, providing nearly 1.1 million square feet of Class A office space. "Nine Parkwood is the final building of the 25-acre master-planned development, situated east of Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860.  Street at 96th Street. We have another 25 acres west of Meridian, known as Parkwood West on which we began infrastructure work in late 2004."

Mike Cook and Robert Salbego from Equis Corporation represented American Family while Traci Kapsalis and Pete Anderson Pete Anderson is a Detroit, MI born American guitarist and music producer.

Anderson is most known for his superb guitar work with and critically acclaimed production of Country music superstar Dwight Yoakam from 1984 through 2004.
 represented Duke.

More information about Duke is available on the Internet: www.dukerealty.com

Note - Rendering of Building is available by calling/emailing donna.hovey@dukerealty.com or 317.808.6137
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 20, 2005
Words:341
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