Duke delivered the 117,600-square-foot building, located at 5901 Holabird Blvd., in March 2008, Macsherry says. Since then they have become fully leased. Duke pursued LEED certification not necessarily to meet demand for green industrial space--although there is demand for it, he says--but to meet the company's internal goals of greening its own portfolio. It is something Duke wants to achieve with all of its real estate holdings--especially here in Baltimore." Applying sustainable concepts to this site was particularly important because it was a brownfield site, he adds. "We were able to reuse a lot of the concrete in the redevelopment."
Tenants include Johns Hopkins Home Care Group and Agility Project Logistics, each leasing 58,800 square feet. Duke plans to submit sustainable plans for future developments in the park, which was a former 3.2 million-square-foot automotive plant.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
