Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Duke Realty Corporation    DRE

DUKE REALTY CORPORATION

(DRE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Duke Realty : - GLOBAL COFFEE RETAILER RENEWS ITS LEASE WITH REALTY FOR 680,160 SF PARK 840 EAST 1009 FACILITY

11/13/2020 | 09:51am EST

The Nashville office of Duke Realty Corporation (NYSE: DRE), the leading domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces that it has renewed its lease with Starbucks Corporation in Park 840 East 1009.

The global coffeehouse chain and beverage retailer will continue to occupy the entire 680,160-square-foot logistics building which is located just off I-840 at Highway 109 in Lebanon, Tennessee.

'Duke Realty owns and manages 3.6 million square feet of industrial properties in the Nashville metro area and Park 840 East 1009 is one of the best located, premier industrial properties - making it ideal for use as a distribution gateway to the Southern U.S.,' said Jeff Palmquist, vice president of leasing and development for Duke Realty in Nashville. 'We are proud that our facilities meet the high standards and requirements for modern, convenient, state-of-the-art facilities that tenants like Starbucks seek and demand.'

Park 840 East 1009 is a Class A facility located east of downtown Nashville and within minutes of I-40, I-24 and I-65. The conveniently located site will serve as a major distribution hub for the southern United States. The building features 36' clear height, as well as a generous amount of dock and drive-in doors and plentiful trailer and automobile parking.

Laura Hart with CBRE represented Starbucks Corporation in its lease. Lonnie Russell with Cushman & Wakefield served as the listing agent for the property.

'By working with long-time, trusted broker partners like Laura and Lonnie, Duke Realty has been able to attract companies to its central Tennessee facilities and secure long-term lease agreements that keep those companies here for some time,' said Palmquist.

In the Nashville metro area, Duke Realty owns and manages 3.6 million square feet of industrial properties.

About Duke Realty

On a nationwide basis, Duke Realty owns, maintains an interest in or has under development approximately 159 million rentable square feet of industrial assets in 20 major U.S. logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is a member of the S&P 500. More information about Duke Realty is available at www.dukerealty.com.

Contact:

Tel: 317.808.6000

Fax: 317.808.6650

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
DUKE REALTY CORPORATION 0.57% 40.24 Delayed Quote.0.10%
STARBUCKS CORPORATION -0.64% 103.91 Delayed Quote.-2.24%
All news about DUKE REALTY CORPORATION
01/21DUKE REALTY CORP : Entry into a Material Definitive Agreement, Financial Stateme..
AQ
01/20DUKE REALTY : UBS Adjusts Duke Realty's Price Target to $47 From $48, Reiterates..
MT
01/19DUKE REALTY CORPORATION (NYSE : DRE) Announces the Income Tax Characteristics of..
GL
01/19DUKE REALTY : Announces Ohio Operations Leader
PU
01/12DUKE REALTY CORP : Entry into a Material Definitive Agreement, Financial Stateme..
AQ
01/11DUKE REALTY : Operating Partnership Prices $450 Million of 2031 Notes
MT
01/11Duke Realty Announces Pricing Terms for $450 Million Senior Unsecured Notes O..
GL
01/08Duke Realty Corporation Schedules Fourth Quarter 2020 Earnings Release and Co..
GL
01/08DUKE REALTY : Keeping Associates Engaged is Good Business
PU
01/05DUKE REALTY : CEO on CNBC's Worldwide Exchange
PU
More news
Financials (USD)
Sales 2020 935 M - -
Net income 2020 191 M - -
Net Debt 2020 3 224 M - -
P/E ratio 2020 75,7x
Yield 2020 2,37%
Capitalization 14 967 M 14 967 M -
EV / Sales 2020 19,5x
EV / Sales 2021 18,6x
Nbr of Employees 400
Free-Float 99,9%
Chart DUKE REALTY CORPORATION
Duration : Period :
Duke Realty Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DUKE REALTY CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 43,73 $
Last Close Price 40,24 $
Spread / Highest target 21,8%
Spread / Average Target 8,68%
Spread / Lowest Target -18,0%
EPS Revisions
Managers and Directors
NameTitle
James B. Connor Chairman, President & Chief Executive Officer
Steven W. Schnur Chief Operating Officer & Executive Vice President
Mark A. Denien Chief Financial Officer & Executive Vice President
Ngaire E. Cuneo Independent Director
Charles Roy Eitel Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
DUKE REALTY CORPORATION0.10%14 967
PROLOGIS, INC.1.57%74 824
GOODMAN GROUP-6.13%25 255
AMERICOLD REALTY TRUST-5.17%8 951
NIPPON PROLOGIS REIT, INC.2.02%7 804
GLP J-REIT4.80%7 106