OverviewSuggest Edit

Duke Realty, through its subsidiaries, owns and operates a portfolio of industrial, office, healthcare, and retail properties. The Company provides various real estate services, including property leasing, property management, asset management, construction, development, and other tenant-related services to third-party property owners and joint ventures.

TypePublic
Founded1972
HQIndianapolis, US
Websitedukerealty.com
Employee Ratings4
Culture scoreA-

Latest Updates

Employees (est.) (Dec 2019)400
Job Openings14
Revenue (FY, 2019)$973.8 M(-16%)
Share Price (May 2020)$33 (+2%)

Key People/Management at Duke Realty

James B. Connor

James B. Connor

Chairman and Chief Executive Officer
Nick Anthony

Nick Anthony

Executive Vice President and Chief Investment Officer
Jenny Bean

Jenny Bean

Senior Vice President, Human Resources
Chris Burns

Chris Burns

Executive Vice President, West and Central Regions
Ann Colussi Dee

Ann Colussi Dee

Executive Vice President and General Counsel
Mark A. Denien

Mark A. Denien

Executive Vice President and Chief Financial Officer
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Duke Realty Office Locations

Duke Realty has offices in Indianapolis, Alexandria, Apollo Beach, Atlanta and in 26 other locations
Indianapolis, US (HQ)
600 E 96th St #100
Alexandria, US
4900 Seminary Rd #900
Apollo Beach, US
300 Big Bend Rd
Atlanta, US
4900 N Commerce Dr
Braselton, US
1380 Jesse Cronic Rd
Conshohocken, US
Eight Tower Bridge, 161 Washington St
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Duke Realty Financials and Metrics

Duke Realty Revenue

Duke Realty's revenue was reported to be $973.76 m in FY, 2019
USD

Revenue (Q1, 2020)

226.4m

Gross profit (Q1, 2020)

207.5m

Gross profit margin (Q1, 2020), %

91.7%

Net income (Q1, 2020)

19.7m

EBIT (Q1, 2020)

59.5m

Market capitalization (21-May-2020)

12.2b

Closing stock price (21-May-2020)

33.0

Cash (31-Mar-2020)

187.6m

EV

18.3b
Duke Realty's current market capitalization is $12.2 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2019

Cash

18.4m213.8m33.9m19.3m17.9m22.5m12.6m110.9m

Accounts Receivable

22.6m22.3m22.3m2.5m20.3m

Inventories

147.0k2.5m

Total Assets

7.6b7.0b7.6b7.8b7.8b6.9b6.8b8.4b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2019

Net Income

65.3m96.3m(75.9m)196.5m246.5m621.9m315.3m432.6m

Depreciation and Amortization

349.1m330.5m376.0m393.5m384.4m317.3m317.8m272.4m

Inventories

(30.0k)(146.7k)

Accounts Payable

5.9m877.6k
USDY, 2020

EV/EBIT

307.4 x

EV/CFO

159.6 x

Financial Leverage

1.7 x
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Duke Realty Online and Social Media Presence

Embed Graph

Duke Realty Company Culture

  • Overall Culture

    A-

    86/100

  • CEO Rating

    A-

    80/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Duke Realty News and Updates

Duke Realty Announces Pricing Terms for $325 Million Senior Unsecured Notes Offering

INDIANAPOLIS, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the “Operating Partnership”), has priced an underwritten public offering of $325 million of its …

Duke Realty Reports Fourth Quarter and Full Year 2019 Results

32.1 Percent Growth in Rents on Fourth Quarter Leasing Activity

Duke Realty Announces Pricing Terms for $400 Million Senior Unsecured Notes Offering

INDIANAPOLIS, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the “Operating Partnership”), has priced an underwritten public offering of $400 million of its …

Duke Realty Constructing 154,512 SF Spec Warehouse in Heart of OHare Submarket

New industrial building will be located on redeveloped 8-acre site near airport’s north cargo gate and major highway interchanges.read more

Duke Realty Corporation Schedules Second Quarter Earnings Release and Conference Call

INDIANAPOLIS, June 28, 2019 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) today announced that the company will release its second quarter operating results on Wednesday, July 31st, after the market close.  The company will host its operating results conference call on Thursday, August 1…

Duke Realty Corporation Schedules First Quarter Earnings Release and Conference Call

INDIANAPOLIS, April 09, 2019 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) today announced that the company will release its first quarter operating results on Wednesday, April 24th, after the market close.  The company will host its operating results conference call on Thursday, April 2…
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Duke Realty Blogs

Jeff Palmquist Returns to Nashville to Lead Duke Realty’s Leasing & Development Efforts

(Nashville, TN – Feb. 17, 2020) Duke Realty (NYSE: DRE), the largest domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces that Jeff Palmquist, who previously worked for the company in Nashville, Tennessee, has returned to lead its leasing an…

2019 Accomplishments Earn Jim Connor Honorable Mention from Commercial Property Executive

A peer recognition honor determined by a group of 100 industry leaders, the CPE Executive of the Year Awards have been announced by Commercial Property Executive magazine, and Duke Realty CEO Jim Connor has been named to the list. Introduced in 1996 to highlight achievements in commercial real estat…

Duke Realty Signs 445,000 SF in Leases and Starts 2 New Logistics Buildings in Raleigh in 2019

(Raleigh, NC – Jan. 27, 2020) The Raleigh office of Duke Realty (NYSE: DRE), the largest domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces that during 2019 it signed 444,851 square feet in leases and started the development of two new bui…

Duke Realty Delivers New 154,000 SF Warehouse in O’Hare Submarket

(Chicago, IL – Jan. 27, 2020) The Chicago office of Duke Realty (NYSE: DRE), the largest domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces that it has completed a new 154,000-square-foot logistics property at 901 Chase Avenue in Elk Grove…

Our Commitment to Environmentally Friendly Buildings Just Got Stronger

Because we know our developments will impact communities well into the future, we are taking additional steps to ensure they meet the highest standards. Beginning this year, all new Duke Realty industrial projects will be developed to attain LEED® certification. LEED, which stands for Leadership in …

Mark Hosfeld Named Market Leader for Duke Realty’s Seattle Operations

(Seattle, WA – January 14, 2020) Duke Realty (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, has named Mark Hosfeld, Vice President and Market Leader for the company’s Seattle operations. In his new position, Mr. Hosfeld …
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Duke Realty Frequently Asked Questions

  • When was Duke Realty founded?

    Duke Realty was founded in 1972.

  • Who are Duke Realty key executives?

    Duke Realty's key executives are James B. Connor, Nick Anthony and Jenny Bean.

  • How many employees does Duke Realty have?

    Duke Realty has 400 employees.

  • What is Duke Realty revenue?

    Latest Duke Realty annual revenue is $973.8 m.

  • What is Duke Realty revenue per employee?

    Latest Duke Realty revenue per employee is $2.4 m.

  • Who are Duke Realty competitors?

    Competitors of Duke Realty include Kennedy Wilson Holdings, Taubman Centers and Simon Property Group.

  • Where is Duke Realty headquarters?

    Duke Realty headquarters is located at 600 E 96th St #100, Indianapolis.

  • Where are Duke Realty offices?

    Duke Realty has offices in Indianapolis, Alexandria, Apollo Beach, Atlanta and in 26 other locations.

  • How many offices does Duke Realty have?

    Duke Realty has 32 offices.