Duke Realty Corp.

Commercial brokers trying property management in hard times

February 20, 2010
Scott Olson
The commercial real estate slump is prompting several Indianapolis brokerages to add property-management services to their portfolios or bolster existing ones.
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Owners, developers see silver lining in health care real estate

February 9, 2010
Tom Harton
Health care real estate has survived the nation’s weak economy better than most sectors, and some owners and developers think it’s positioned to thrive.
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Duke Realty reports loss, says outlook remains 'challenging'

January 27, 2010
Cory Schouten
Locally based Duke Realty Corp. reported a 53 percent drop in funds from operations in the fourth quarter but still managed to beat Wall Street expectations.
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One exec pays off risky loan, another pays a big priceRestricted Content

January 23, 2010
Greg Andrews
Emmis' Jeff Smulyan paid off a loan collateralized by nearly all his Emmis stock. Retired Duke Realty Chairman John Wynne is facing new fallout from his margin loan, with the lender on his Williams Creek home pursuing foreclosure.
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Lauth Group leads slide in commercial real estate

December 26, 2009
Cory Schouten
The outlook for commercial real estate development continued to worsen in 2009, as one major name faltered and other companies scrambled to redesign their business models and capitalize on the carnage.
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Teachers' pension fund poised to buy downtown building from DukeRestricted Content

November 14, 2009
Cory Schouten
The Indiana State Teachers’ Retirement Fund is negotiating to buy a 12-story office building across from the Statehouse in what could be the year’s largest downtown office transaction.
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Duke Realty land auction nets $1M; pricier properties go unsold

November 11, 2009
Cory Schouten
Locally based Duke Realty Corp. netted more than $1 million during a Tuesday auction of surplus development parcels in Indianapolis, Fishers, Plainfield and Lebanon.
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Duke Realty's chief operating officer resigns

November 9, 2009
 IBJ Staff and Associated Press
Indianapolis-based Duke Realty Corp. announced Monday that its chief operating officer will leave the company at the end of the year.
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Duke Realty reports massive third-quarter loss

October 29, 2009
Cory Schouten
Big write-downs on raw land and projects under development led to a wide third-quarter loss for Duke Realty Corp.
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Duke Realty to unload local land holdings at auctionRestricted Content

October 17, 2009
Cory Schouten
The locally based company plans to raise millions of dollars by selling nine undeveloped tracts in Indianapolis, Fishers, Plainfield and Lebanon.
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Duke Realty suffers second-quarter loss

July 31, 2009
 IBJ Staff
Indianapolis-based Duke Realty Corp. late yesterday posted a 32-percent drop in its second-quarter funds from operations, a key performance measure for real estate investment trusts.
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Recession slows the creation of a self-contained Boone County communityRestricted Content

May 18, 2009
Kathleen McLaughlin
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty Corp. predicted.
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REITs get boost, not scorn, for selling cheap sharesRestricted Content

May 11, 2009
Greg Andrews
Here's more evidence we're in strange times: Indianapolis' real estate investment trusts have been issuing hundreds of millions of dollars of stock at woefully low prices—and getting a pat on the back from their shareholders for doing so.
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Duke upends growth plan, focuses on paying debtRestricted Content

March 16, 2009
Greg Andrews
In this horrendous environment, nothing is more important for a debt-laden public company than proving it can pay its bills
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Kite drops about 10 percent of its staff as retail market floundersRestricted Content

December 15, 2008
Cory Schouten
Kite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes with dried-up credit and a soft retail market.
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Duke Realty star starts new companyRestricted Content

December 1, 2008
Aasif Bade started Ambrose Property Group with three employees this month.
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Indiana CEOs are cautious during financial mayhemRestricted Content

November 10, 2008
Greg Andrews

CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically cautious approach to acquisitions and investments, given the faltering economy.

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Duke founder Wynne loses out using company stock as collateralRestricted Content

November 3, 2008
Greg Andrews
Retired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using company stock as collateral for a multimillion-dollar loan in his investment account.
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Duke, Lauth, Mansur join MSA site frayRestricted Content

March 26, 2007
Cory Schouten
A who's-who of local firms is planning bids to redevelop the Market Square Arena site with mixed-use projects that would depart sharply from previous efforts focused on residential. New plans are expected to include retail , offices, apartment units and condos backed by high-profile local developers that didn't bid before.
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