The Indianapolis, IN-based company was cited for breaking ground on 1.6 million sf of office and distribution product with an estimated value of $200 million during 2000.
"These two awards are evidence of Duke-Weeks' strong commitment to Florida," Forrest Robinson, the firm's executive vice president for Florida, tells GlobeSt.com. "The fact that both our Tampa and Orlando groups won the same award speaks to the high-quality property Duke-Weeks continues to develop."
The company's portfolio of office/industrial properties in Orlando/Tampa, owned, managed or under development, totals 3.2 million sf. Tampa is 80 miles west of Downtown Orlando. Duke-Weeks entered the Florida market in 1996.
The firm's trophy project in Tampa is the $113 million, three-building, 450,000-sf office park being developed at Highland Oaks that will generate 2,140 new jobs in Hillsborough County at salaries 150% above the state's average wage. Duke-Weeks is also developing two other office buildings and three industrial facilities in metro Tampa.
In Orlando, the firm has developed 609,691 sf of office and industrial valued at $54 million. Among the projects are Two Northpoint Center, a 108,499-sf class A office building; Lee Vista II, an 86,592-sf warehouse/distribution facility; Celebration Office Center One, an 80,000-sf class A office building; 220 Celebration Place, a 200,000-sf class A office structure; and Parksouth II, a 134,600-sf distribution facility.
Duke-Weeks is the largest mixed office/industrial real estate company in the country with a total market capitalization of $6.5 billion. The 1,500-employee company owns office, industrial and retail properties and 4,000 acres of undeveloped land in 16 major cities, focusing on the Midwest and Sunbelt regions.
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