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.