(To read more on the industrial market, click here.)
HOUSTON-Duke Realty Corp. has expanded its industrial presencethrough a 100-acre land play involving two separate plots in thenorth and northwest submarkets. Land costs in the corridors put thetransaction at $12 million to $15 million.
Duke has picked up prime development sites for lightmanufacturing and distribution space. The 51-acre Westland BusinessPark, located at Texas 290 and the West Road-Eldridge Parkway exit,will support up to 800,000 sf of development. Its neighbor to thenorth, the 52-acre Houston Intercontinental Trade Center, is offKenswick Drive and allows for 890,000 sf.
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