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Stock impact report

A New Crop in Pennsylvania: Warehouses [New York Times, The]

Duke Realty Corporation (DRE) 
Last duke realty corporation earnings: 4/29 04:07 pm Check Earnings Report
US:NYSE Investor Relations: investor.dukerealty.com
OREFIELD, Pa. — From his office in an old barn on a turkey farm, David Jaindl watches a towering flat-screen TV with video feeds from the hatchery to the processing room, where the birds are butchered. Mr. Jaindl is a third-generation farmer in Pennsylvania's Lehigh Valley. His turkeys are sold at Whole Foods and served at the White House on Thanksgiving. But there is more to Mr. Jaindl's business than turkeys. For decades, he has been involved in developing land into offices, medical facilities and subdivisions, as the area in and around the Lehigh Valley has evolved from its agricultural and manufacturing roots to also become a health care and higher education hub. Now Mr. Jaindl is taking part in a new shift. Huge warehouses are sprouting up like mushrooms along local highways, on country roads and in farm fields. The boom is being driven, in large part, by the astonishing growth of Amazon and other e-commerce retailers and the area's proximity to New York City, the nation's l Show less Read more
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