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Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. [ 1 ] [ 2 ] As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. [ 1 ]
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Rise in demand for its high-quality properties amid favorable industrial real estate market fundamentals will aid Duke Realty (DRE). Nevertheless, a development boom in some markets is concerning.
Rent growth on new and renewal leases, higher in-service occupancy and leasing of new developments aid Duke Realty's (DRE) Q3 results. The company also reports strong rent collections so far.
Duke Energy: Progress Energy Inc: 26.0 35.2 [310] 61 2019 Charles Schwab: ... Duke Realty: 26.0 27.1 [389] 31 2024 Diamondback Energy: Endeavor Energy Resources: 26.0
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Duke Realty's (DRE) move of developing build-to-suit facility for ILLUME is in line with its expansion efforts. It already has ownership of five million square feet of industrial space in Maple Grove.