REBusinessOnline

Duke Realty to Develop 433,200 SF Spec Industrial Project in Houston

HOUSTON — Indianapolis-based REIT Duke Realty (NYSE: DRE) will develop Clay 99 Building 5, a 433,200-square-foot speculative industrial project in Houston. The property, which will be marketed to logistics users, will be situated on 23.7 acres just off Grand Parkway at the intersection of Clay and Peek roads on the city’s northwest side. Building features will include 36-foot clear heights, 190-foot truck courts on both sides, 347 automobile parking spaces and 100 trailer parking spaces. Delivery is slated for February 2020.

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