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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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January 25, 2012
Indianapolis-based Duke Realty Corp. slightly exceeded analyst estimates with it financial performance in the fourth quarter,
the company reported Wednesday.
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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.
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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.
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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.
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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
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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.
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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.
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June 25, 2011
Danny Marr / Special to IBJSix people were key mentors and associates during real estate career in Indianapolis.
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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.
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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.
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February 19, 2011
Scott OlsonStrategy also calls for greater Southeast presence, less investment in the Midwest.
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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.
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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.
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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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December 20, 2010
The Indianapolis-based real estate investment trust said it will sell 3.1 million square feet of suburban office space for
$516.7 million and buy 4.9 million square feet of mostly industrial space for $450 million.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.