Duke Realty Acquires 827,268-SF Warehouse in Naperville

By GlobeSt News Hub

Print Email Share Reprints News Tip? Get Alerts

Disable this ad

Sign Up for the Chicago AM Alert

Join the thousands of real estate professionals that subscribe to the Chicago AM Alert. Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of industry thought leaders to provide you with market intelligence and a daily business advantage.

Become a registered member today and don’t miss another important story in the Chicago market. Let GlobeSt.com be your source for everything real estate.

NAPERVILLE, IL-Indianapolis-based Duke Realty Corp. has acquired a fully leased warehouse in Naperville for more than $46 million. The company has bought the 827,268-square-foot facility at 1860 W. Jefferson Ave. from a subsidiary of RREEF Real Estate.

The transaction was valued a little below $46.4 million, or about $56 per square foot. The property, located near State Route 59, is fully leased to Northbrook-based Crate & Barrel under a long-term deal. For the full story, go to Crain's Chicago Business .

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Categories: Midwest, Sales, Acquisitions/Dispositions, Scope, Chicago