(Raleigh, NC – January 5, 2021) The Raleigh/Washington, DC office of Duke Realty Corporation (NYSE: DRE), the leading domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces that it has signed a lease renewal for its Woodlake 100 facility at 100 Innovation Avenue in Morrisville, North Carolina. A global commercial printing company will continue to occupy 45,000 square feet of the 108,000-square-foot building in Woodlake Center.
“Our clients are always looking for modern, convenient space and when they find it we work with them to maintain a lasting relationship of long-term occupancy,” said Battista Orcino, vice president of leasing and development for Duke Realty in Raleigh. “This lease renewal with a high-quality tenant ensures 100 percent occupancy at Woodlake Center for the next several years — helping drive the Morrisville economy and maintain its robust workforce.”
Duke Realty owns and manages 3.1 million square feet of industrial properties in the Raleigh metro area. Woodlake Center is a seven building master-planned industrial development with more than 812,000 square feet of space. Located at the corner of I-40 and I-540 and just minutes from Raleigh-Durham International Airport, Woodlake Center is centrally located between Raleigh, Durham and Chapel Hill.
About Duke Realty
On a nationwide basis, Duke Realty owns, maintains an interest in or has under development approximately 159 million rentable square feet of industrial assets in 20 major U.S. logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is a member of the S&P 500. More information about Duke Realty is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.