Duke Realty Announces Two Major Build-to-Suit Projects in Columbus, Ohio.INDIANAPOLIS -- Duke Realty Corporation (NYSE NYSE See: New York Stock Exchange :DRE DRE Digital rectal examination. Mentioned in: Rectal Examination ) announced that it has commenced development of two industrial build-to-suit developments for two national clients. These two facilities will be located at the Company's new industrial park, Park 70 at West Jefferson West Jefferson is the name of three communities in the United States of America:
National retailer, Restoration Hardware, Inc., has signed an 805,000 square foot, 15-year lease. Based in Corte Madera, California Corte Madera is an incorporated town in Marin County, California, United States. The population was 9,100 at the 2000 census. Geography Corte Madera is located at (37.924075, -122.516942)GR1. , Restoration Hardware is a specialty retailer of high quality home furnishings, bath fixtures and bathware, functional and decorative hardware, gifts and related merchandise that reflects the company's classic and authentic American point of view. This facility will primarily serve as a fulfillment center for the company's east coast retail stores and its non-furniture direct-to-customer business. Restoration Hardware expects nearly 350 jobs to be created after the facility is completed by July 2008. "After conducting a comprehensive search, we believe this is the ideal location for our new distribution center. We are excited to work with Duke on this important step for our company," said Ken Dunaj, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Restoration Hardware. In addition, national cereal and convenience food producer, Kellogg Company For other uses, see Kellogg. Kellogg Company (often referred to as simply Kellogg or Kellogg's) is an American multinational producer of breakfast foods, snack foods, cookies, and crackers, with corporate headquarters in Battle Creek, Michigan, USA. , has signed a 1.1 million square foot, ten-year lease. With 2006 sales of nearly $11 billion, Kellogg is the world's leading producer of cereal and a leading producer of convenience foods, including cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles, and veggie foods. Upon completion in December 2008, the building will serve as the company's distribution center for its logistics provider that oversees Kellogg's supply chain management capabilities. "With the execution of these two leases, the Company has completed more than 2.7 million square feet of bulk distribution leases in Columbus, Ohio during 2007. These two new developments demonstrate our unique ability of providing complete real estate solutions for nationally recognized businesses," said Jim Clark Jim Clark - Dr. James H. Clark , Senior Vice President, Duke Realty's Columbus Operations. About Duke Realty Corporation Duke Realty Corporation specializes in the ownership, construction, development, leasing and management of office, industrial, medical office and retail real estate. It is the largest publicly traded, vertically integrated office/industrial real estate company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company owns, manages or has under development more than 127 million rentable square feet in 20 major U.S. cities. Duke, which controls 7,500 acres of land for 111 million square feet of future development, also provides nationwide real estate solutions through its national development division. More information about Duke is available on the Internet: www.dukerealty.com Editor's Note: Please contact Duke Realty News Media contact if you would like renderings of these projects |
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