The largest distribution site is a 504,000-sf project in Columbus while Cincinnati has a 352,000-sf complex. The firm has spent the past two years lobbying for a foothold on the Dallas-Ft. Worth's highly competitive, single-tenant build-to-suit market.
Jeff Turner, Duke-Weeks senior vice president of the Dallas Group, says the project coupled with significant increases in leasing activity will secure the firm's standing in the region's office-industrial market. Duke-Weeks now owns, manages or has under development more than 2.6 million sf of office and industrial properties in the metroplex. It also owns about 200 acres of undeveloped land.
Dirt's already flying at the 26-acre Alliance site, positioned in the Roanoke section of the 15,000-acre AllianceTexas. The latest construction report shows the project will wrap up in July 2001 instead of May, a Duke-Weeks source tells GlobeSt.com. There are five more acres available for expansion--a possibility not being ruled out at this time. The property is situated in a 9,600-acre section of Ross Perot Jr.'s Alliance, the centerpiece to the AllianceTexas multi-municipality consortium led by his Hillwood team.
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