Saturday, December 15, 2007

Matrix Packaging signs lease with Duke

Duke Realty Corp.'s St. Louis office announced Friday that Matrix Packaging Co. leased 150,000 square feet of space in Duke's Lindbergh Distribution Center on the northwest side of St. Louis for an undisclosed amount.

Duke said Matrix needed the extra space after it secured a contract to manufacture plastic bottles for an undisclosed home and health-care company. Matrix will hire about 75 new people at its new facility, according to a release.

Matrix Packaging, a Mississauga, Ontario-based company, manufactures custom-designed plastic containers and injected molded parts for the health and beauty, household chemical, and automotive markets.

Lindbergh Distribution Center is a 528,000-square foot speculative industrial building on the former General Motors site at Lindbergh Boulevard and James S. McDonnell Boulevard that was completed last month, the release said.

Indianapolis-based Duke Realty Corp. (NYSE: DRE) specializes in the ownership, construction, development, leasing and management of office, industrial, medical office and retail real estate. In the greater St. Louis area, Duke owns, manages, or has under development more than 7 million square feet of office, industrial and retail commercial real estate and controls nearly 550 acres of land for future development. Locally, Duke employs more than 60 real estate associates.

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source: bizjournals.com

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