Duke Realty Corp. DRE has been witnessing solid demand for its logistic facilities in the Nashville metro area. The company recently clinched a lease deal for 207,518 square feet of space in Park 840 West 14840 in Lebanon, TN, with the returns technology company Optoro, Inc.
With the latest lease, this 653,460-square-foot logistics building, which is just off I-840 at Highway 109, has achieved full occupancy. It highlights the elevated demand for modern Class A facilities. With the property being positioned east of downtown Nashville and within minutes of I-40, I-24 and I-65, it serves as an efficient and convenient one for making distribution throughout the Southern United States as well as the rest of the nation.
Amid the e-commerce boom, the industrial real estate asset category has continued to play a key role, transforming the way how consumers shop and receive their goods. Services like same-day delivery are gaining