The two-story Crossings 1 will be Duke's first spec project atCantera where it recently completed the regional headquarters ofParagon Global Resources. Duke Crossings can accommodate up to500,000 sf. Steve Schnur, Duke's SVP, tells GlobeSt.com the all-incost of Crossings 1, including the land, is approximately $8million.

It is located along Bella Vista Parkway at the intersection ofInterstate 88 and Mill Street and is expected to reach completionin May 2007. Duke is offering it for sale or lease. Schnur says theasking rent rate is $16 per sf net. "There is no asking saleprice," he adds.

Cantera is a 650-acre, master-panned mixed-use development. Itcontains the headquarters for BP America Inc., International Truck& Engine Inc., and Exelon Nuclear. The development alsoincludes a 30-screen theater, restaurants, retail, three hotels andother amenities along with two residential complexes.