MARYLAND HEIGHTS, MO. — Duke Realty Corp. (NYSE: DRE) has announced plans to develop the final building within its 100-acre Lakeside Crossing Business Park located in Maryland Heights. The 116,000-square-foot build-to-suit office will be constructed for Monsanto. Monsanto’s new facility will be located next to the company’s existing 127,778-square-foot building, which was completed last summer. Upon completion of Lakeside Crossing Two, Duke will have completed 14 projects totaling 916,551 square feet at the park. Duke has invested more than $55 million to develop the park, which houses Class A office space, a service center and warehouse space. Tenants at Lakeside Crossing Business Park include State Farm Mutual Automobile Insurance, Johnson Controls, Shaughnessy and TALX. Duke broke ground on Monsanto’s building in November, with completion and occupation slated for December 2009. Duke Realty Corp. was represented in-house by Whitaker Varley in negotiations.
DUKE REALTY CORP. TO DEVELOP FINAL BUILDING WITHIN 100-ACRE BUSINESS PARK
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