Duke Realty Reports Industrial Rents Continue to Grow

Duke Realty Reports Industrial Rents Continue to Grow

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James Connor, chairman and CEO of Duke Realty Corp. (NYSE: DRE), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.

Connor highlighted the continuing growth in industrial rents. In 2017, Duke saw rents on a cash basis grow by about 6.5 percent. In the first quarter, rents grew 12 percent on a cash basis. “That speaks to the strength of the industrial market across the United States,” he said.

Published at Fri, 06 Jul 2018 12:41:31 +0000