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August 5, 2021

Duke plans more logistics investment

Duke Realty is a big player in logistics. Back in February, it paid about $221 million for the Cubes at DuPont logistics center. More such investments are planned, and its Oakland office announced the hiring of four new executives who'll be active in Northern California and the Pacific Northwest. Those are Janet Galvez, Tom Jodry, Jason Bernstein and Kathleen Andrade. Duke's Drew Hess said in a statement, “Over the past two years, we have invested heavily in growing our Northern California and Seattle portfolio to 7 million square feet of rentable space, and we continue to focus on infill development and acquisition opportunities.”




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