Duke Realty : TransDulles Centre Gains New Tenant, Fully Leases 13-Building Industrial Park

ARLINGTON, Virginia ‒ March 2, 2021 ‒ The Washington DC office of Duke Realty Corporation (NYSE: DRE), the nation's leading domestic-focused, industrial-only property REIT (Real Estate Investment Trust), announces that it recently signed a 27,044-square-foot lease within TransDulles Center, its 13-building, 850,000-square-foot industrial park located at the intersection of Route 28 and Sterling Blvd. Duke Realty has entered into a multi-year lease agreement with KOL Global, a warehousing and logistics company, for space at 22815 Glenn Drive in Sterling, Virginia.

'Our TransDulles Centre properties continue to be very attractive to clients looking for high-quality, class-A warehouse space with convenient access to major highways, including the Dulles Toll Road, Route 28 and Washington Dulles International Airport,' said Battista Orcino, vice president, leasing and development for Duke Realty's properties in the Washington, D.C. metro area. 'As KOL Global continues to grow, so does the company's need for space. They found the modern, convenient space to meet their immediate needs at our TransDulles Centre.'

Duke Realty's TransDulles Centre is a first-class industrial and office park in Loudoun County that includes office, industrial, retail and open spaces. The company's developments include a 42,568-square-foot, two-building office campus and an 827,283-square-foot, 13-building industrial park with warehouse buildings. TransDulles Center 22815 provides KOL Global with a state-of-the-art, conveniently located warehouse and distribution space minutes from Washington, D.C. and close to abundant amenities, including lodging, restaurants and service providers.

Steve Cloud with Transwestern served as the tenant representative and Battista Orcino represented Duke Realty in lease negotiations.

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 component of the S&P 500. More information about Duke Realty is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.