{"id":1004206460,"date":"2018-02-09T06:08:12","date_gmt":"2018-02-09T14:08:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004206460"},"modified":"2022-12-09T02:01:06","modified_gmt":"2022-12-09T10:01:06","slug":"duke-realty-secures-tenant-for-chicago-area-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/duke-realty-secures-tenant-for-chicago-area-warehouse\/","title":{"rendered":"Duke Realty Secures Tenant for Chicago-Area Warehouse"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004206561\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/56-N.-Paragon-Drive-in-Romeoville-Ill..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004206561\" data-attachment-id=\"1004206561\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/duke-realty-secures-tenant-for-chicago-area-warehouse\/56-n-paragon-drive-in-romeoville-ill\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/56-N.-Paragon-Drive-in-Romeoville-Ill..jpg\" data-orig-size=\"640,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"56 N. Paragon Drive in Romeoville, Ill.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;56 N. Paragon Drive in Romeoville, Ill.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/56-N.-Paragon-Drive-in-Romeoville-Ill..jpg?w=640\" class=\"wp-image-1004206561 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/56-N.-Paragon-Drive-in-Romeoville-Ill..jpg\" alt=\"56 N. Paragon Drive in Romeoville, Ill.\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/56-N.-Paragon-Drive-in-Romeoville-Ill..jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/56-N.-Paragon-Drive-in-Romeoville-Ill..jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004206561\" class=\"wp-caption-text\">56 N. Paragon Drive in Romeoville, Ill.<\/p><\/div>\n<p>E-commerce retailer Velky Brands has signed a 75,232-square-foot lease at Duke Realty Corp.&#8217;s facility within Paragon Business Park in Romeoville, Ill. The new contract brings the occupancy rate of the building to 50 percent. Duke completed the 150,000-square-foot warehouse last July.<\/p>\n<p>The property, located at\u00a056 N. Paragon Drive on a 9.2-acre lot, features 32-foot clear heights, 16 expandable exterior docks and two drive-in doors. The parking lot incorporates space for roughly 110 vehicles and 32 stalls for trailer parking. In addition, the facility offers ESFR fire sprinklers and LED lighting.<\/p>\n<p>\u201c<em>This new building is ideally located for product distribution and order fulfillment because of its proximity and access to interstates 55, 80 and 355, providing convenient connections to the Chicago metro area, as well as the entire Midwest,<\/em>\u201d Susan Bergdoll, Duke Realty vice president of leasing and development, said in a prepared statement.<\/p>\n<p>Cushman &amp; Wakefield&#8217;s Executive Directors Sean Henrick and Jason West, together with Duke&#8217;s Leasing Representative Casey Baird, negotiated the lease on behalf of the landlord. Last month, Duke renewed another lease, with Electrolux, at its <a href=\"https:\/\/www.commercialsearch.com\/news\/electrolux-renews-il-warehouse-lease\/\">Minooka warehouse<\/a>.<\/p>\n<p><em>Image\u00a0courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Velky Brands will occupy half of the 2017-built speculative facility in Romeoville. Cushman &amp; Wakefield represented the owner in this deal.<\/p>\n","protected":false},"author":1064,"featured_media":1004206561,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1491,21743,21748,13,21742],"tags":[32799,33010,35744],"class_list":["post-1004206460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-chicago","category-deals","category-industrial","category-midwest","category-latest","tag-cushman-wakefield","tag-duke-realty-corporation","tag-jason-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Duke Realty Secures Tenant for Chicago-Area Warehouse - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/duke-realty-secures-tenant-for-chicago-area-warehouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke Realty Secures Tenant for Chicago-Area Warehouse\" \/>\n<meta property=\"og:description\" content=\"Velky Brands will occupy half of the 2017-built speculative facility in Romeoville. 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