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Duke Buys 258 Acres for Butterfield East

AURORA, IL-The developer plans an industrial park of up to eight buildings encompassing more than three million sf.

By Marita Thomas | Updated on September 15, 2006

(To read more on the industrial market, click here.)

AURORA, IL-Indianapolis-based Duke Realty Corp. has acquired 258 acres at the northwest corner of Interstate 88 and Route 59 here and in Warrenville for development of the Butterfield East business park. The park will accommodate more than three million sf of industrial space, and Duke is developing a master plan for up to eight buildings.

It will begin with a 540,000-sf spec building, which Andy James, SVP of Duke’s Chicago industrial group, tells GlobeSt.com will get under way in spring 2007. He says full build-out of the park is expected within three to five years. “When the Eola Road interchange is completed, the park will have the best access and exposure in the I-88 corridor,” he says. “The park is ideally suited for build-to-suits,” and he anticipates it will contain a combination of build-to-suits and multi-tenant facilities.

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