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Duke Realty Corp.
REITs tumble most since 2011 on concern of rising rates
June 19, 2013
Associated PressShares in U.S. real estate investment trusts fell the most in 19 months Wednesday. Three major REITs, all based in Indianapolis,
saw their shares drop on Wednesday.
MoreDuke's CFO heading to Chicago real estate firm
May 17, 2013
IBJ StaffChristie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during
the recession and economic recovery.
MoreDuke Realty puts 17 Midwest office buildings on block
May 10, 2013
Bloomberg NewsThe developer is selling the buildings in Cincinnati, Cleveland and St. Louis to increase its emphasis on industrial properties.
A research firm values them at $149 a square foot, or a total of about $350 million.
MoreDuke Realty posts profit on sale of properties
April 25, 2013
The Indianapolis-based real estate investment trust rang up earnings of $28 million, mostly due to gains from the sale of
18 properties.
MoreDuke Realty earnings, revenue see quarterly decrease
January 30, 2013
IBJ StaffIndianapolis-based Duke Realty Corp. on Wednesday reported a fourth-quarter loss of $22.5 million, a sharp decline from the
$60.2 million it made in the same quarter of 2011.
MoreDuke Realty sells six-building local office complex
January 9, 2013
Cory SchoutenTwo Illinois companies have acquired a six-building, 446,000-square-foot Indianapolis office portfolio from locally based
Duke Realty Corp. Industry sources say the buildings sold for more than $20 million.
MoreCity leads Midwest in speculative industrial development
November 27, 2012
Tom HartonIndianapolis has more speculative industrial space under construction than any other market in the Midwest as developers try
to capitalize on about four million square feet of tenant interest in the market.
MoreDuke loss narrows, quarter meets expectations
November 1, 2012
IBJ StaffIndianapolis-based Duke Realty Corp. on Wednesday reported a third-quarter loss of $28.2 million, smaller than a loss of $32
million in the same quarter of 2011.
MoreDuke takes smaller loss despite falling revenue
July 25, 2012
IBJ StaffIndianapolis-based Duke Realty Corp. on Wednesday reported a second-quarter loss of $28.5 million, slightly smaller than a
loss of $29 million in the same quarter of 2011.
MoreDuke Realty’s quarterly results in line with expectations
April 26, 2012
Indianapolis-based Duke Realty Corp.’s financial performance in the first quarter met analyst expectations even though
the company suffered a $36 million loss and saw revenue decline by $65 million.
MoreManufacturer plans distribution center in Plainfield
April 17, 2012
IBJ StaffWisconsin-based Regal Beloit Corp. has hired Browning/Duke Realty to build a 376,000-square-foot distribution center in Plainfield,
the company announced Tuesday.
MoreDuke Realty's quarterly results beat expectations
January 25, 2012
Indianapolis-based Duke Realty Corp. slightly exceeded analyst estimates with it financial performance in the fourth quarter,
the company reported Wednesday.
MoreDuke Realty's massive office sale wins praise on Wall Street
November 5, 2011
Greg AndrewsInvestors have bid up shares of Duke Realty 13 percent since the company announced it was selling a huge portfolio of office
buildings for $1.1 billion.
MoreDuke meets market expectations despite quarterly loss
October 26, 2011
IBJ StaffDuke Realty Corp. lost $32.1 million in the third quarter, but managed to meet analyst
expectations in a key measurement for real estate investment trusts.
MoreDuke Realty selling 82 office buildings for $1.1B
October 21, 2011
IBJ StaffThe sale includes buildings with a combined 10.1 million square feet of space in Atlanta, Chicago, Columbus, Dallas, Minneapolis,
Orlando and Tampa. None of the properties are in Indiana.
MoreReal estate firms push to avoid notice in Obama tax rewrite
August 24, 2011
Bloomberg NewsThe industry, which includes Indianapolis-based REITs Simon Property Group Inc. and Duke Realty Corp., is guarding against
a potential proposal from the Obama administration that would impose new taxes on partnerships and similar companies
MoreDuke Realty suffers loss on lower revenue
July 28, 2011
The Indianapolis-based real estate investment trust said it lost $29 million in its latest quarter, compared with a loss of
$42.4 million in the same time frame a year earlier.
MoreMarsh lands big tenant, will reoccupy headquarters
July 5, 2011
Tom HartonMarsh Supermarkets is reoccupying a portion of its long-vacant headquarters building and has snagged a plum tenant to sublease
most of the rest of the space.
MoreMARR: Farewell to a long list of great colleagues and mentors
June 25, 2011
Danny Marr / Special to IBJSix people were key mentors and associates during real estate career in Indianapolis.
MoreDuke Realty reports strong quarterly results
April 28, 2011
Scott OlsonThe Indianapolis-based real estate investment trust reported a first-quarter profit of $47.6 million compared with a loss
of $15.3 million in the same quarter a year earlier. Gains from the sale of properties helped drive profit.
MoreVirginia not-for-profit suing Duke Realty for $30M
March 9, 2011
Military think tank CNA claims Duke Realty breached its obligations as landlord by selling land in Alexandria to the Department
of Defense, which plans to build a bomb-inspection facility on the site.
MoreDuke Realty sells offices in shift toward industrial
February 19, 2011
Scott OlsonStrategy also calls for greater Southeast presence, less investment in the Midwest.
MoreDuke Realty reports strong year-end results
January 27, 2011
Cory SchoutenDuke Realty Corp. reported a fourth-quarter profit almost 70 percent above last year's figure as it closed out its best
leasing year since 2007 and finished with its highest annual portfolio occupancy rate since 2004.
MoreAnalyst predicts modest year for REIT returns
January 12, 2011
Associated PressGoldman Sachs & Co. analyst Jonathan Habermann expects a return of 5 percent to 10 percent this year after last year's
29-percent total return for REIT stocks.
MoreD-A Lubricant moving from Indianapolis to Lebanon
January 5, 2011
Scott OlsonCompany will purchase 23 acres and have Duke Realty Corp. build a 225,000-square-foot industrial facility in Lebanon Business
Park. The move should be completed by December.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.