Duke Realty begins spec warehouse at Chesapeake Commerce Center

Duke Realty begins spec warehouse at Chesapeake Commerce Center

Published at: 2016-11-02 15:07 | Author: CIJ USA
The Baltimore/Washington, DC office of Duke Realty Corporation has announced the start of construction on a speculative 169,000 sqf warehouse project. The building, Chesapeake Commerce 5900, will be the sixth building built in the 177 acre master planned Chesapeake Commerce Center which once served as a General Motors assembly plant. Located at 5900 Holabird Avenue, the new warehouse will feature 32' clear height, 50' x 50' column spacing and 17 dock doors. All of the other buildings in the scheme, which total more than 2 million square feet, are currently 100 percent leased. Construction on Chesapeake Commerce 5900 began in October with completion scheduled for June 2017.

“Chesapeake Commerce Center has proven to be an attractive destination for businesses looking for high-quality warehouse/distribution space in a location with superior highway and port access,” said Battista Orcino, Vice President of Leasing and Development for Duke Realty in Baltimore. “Since all of our Chesapeake Commerce Center properties are fully leased, we elected to start a speculative building so that we can be positioned to respond to clients with immediate space needs.”

Similar Stories:

Fujitsu General America moving to Rockefeller Group Logistics Center
Fujitsu General America has signed a 155,000 sq ft lease at the Rockefeller Group Logistic  »
Rich Uncles buys Richmond industrial property for $10.5m
Rich Uncles NNN REIT Inc. bought a 72,890 sq ft industrial property in Richmond, Virginia,  »
W. P. Carey pays $33m for four Dutch automotive retail, service sites
W. P. Carey paid $33m for four automotive retail and service sites in the Netherlands. The  »
Cabot acquires three warehouses in Palm Beach County for $25.8m
Cabot Properties has acquired three multi-tenant warehouse and distribution buildings in P  »
The industrial sector of commercial real estate has changed radically over the past few ye   »
industrial logistics brokers are relying increasingly on data to help them find the best p   »
Scott Gregory, market officer at Prologis in Florida, says the breakdown can be seen geogr   »