Weeks has also resigned as an employee of Duke-Weeks where he has served on a part-time basis since January 2000 as chairman of the company's technology committee and chairman of the firm's office technology consortium.
Weeks Realty Corp. merged with Duke Realty Investments Inc. in July 1999 to become one of the largest real estate companies in the United States with a total market capitalization of $6.5 billion.
"Over a career that literally goes back to my childhood, it has been my pleasure to work with a great many quality people in the real estate industry," Weeks says in the statement. "In my view, the team at Duke-Weeks is the strongest in the REIT industry" today.
In metro Atlanta, Duke-Weeks is among the largest commercial developers with 15.9 million sf of office and industrial properties and 806 acres of land for future development. Duke-Weeks has a professional and support staff of 383 in the Atlanta area.
The company overall produces $800 million in annual revenue from 5,000 tenants in 13 geographic platforms across the Midwest and the Sunbelt.
Duke-Weeks owns interests in 110 million sf of properties; has a staff of 1,500; and owns or controls 4,500 acres of undeveloped land that can support 64 million sf of future development, according to the company's statement.
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