As I also noted on our fourth quarter call, that we were aware of a few potential significant terminations in our industrial portfolio or during the first part of 2011. I am pleased to report that we were able to execute a renewal for 800,000 square feet expirations we mentioned in Savannah. That was one of the key vacancies that we needed to address in 2011. We still have some challenges ahead but we're off to a good start nonetheless.The office leasing environment remains slow but there are pockets of solid activity. We signed 125,000 square feet lease with Alcatel-Lucent over in Columbus Ohio. We also are pleased to report that our 3630 Peachtree project in Buckhead is now 44% leased with solid momentum and a backlog of prospects to push that occupancy even higher. On the medical office front leasing activity and development opportunities are picking up. In March we placed into service the Baylor Cancer Center in Dallas.
Duke Realty CEO Discusses Q1 2011 Results - Earnings Call Transcript
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