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ALEXANDRIA, VA-Duke Realty Corp. has entered into an agreement to purchase a 32-building office and light industrial portfolio from locally based the Mark Winkler Co. and affiliates. The portfolio features 2.9 million sf of space and 166 acres of developable land located here, in Chantilly and throughout the I-28-North Corridor submarket. It is part of a group of properties consisting of five million sf of office space, 800,000 sf of flex/industrial space and four million sf of developable land that Winkler put on the market through Goldman Sachs in August.

Duke also committed to acquiring 184 acres of land in Baltimore that can accommodate about 2.8 million sf of bulk industrial development. "These two transactions provide Duke with a significant presence in vibrant submarkets with new development opportunities in the Mid-Atlantic region," Duke chairman and CEO Dennis Oklak says.

Details on exactly which buildings Duke will purchase from Mark Winkler Co. have not yet been revealed. Tom Wiser of Duke tells GlobeSt.com that to meet SEC requirements, the company did disclose that it is under contract to make the purchase, but that further details on the portfolio and the purchase price will not be released until the transaction closes, which the company expects will occur later this quarter.