Exhibit 99.1

		News Release
FOR IMMEDIATE RELEASE

DUKE REALTY CORPORATION REPORTS

FIRST QUARTER 2010 RESULTS

Recurring Funds from Operations In-Line with Expectations

Earnings Guidance Reaffirmed

Positive Momentum in Operating Performance

Balance Sheet Strengthened- Executing Capital Strategy

(INDIANAPOLIS, April 28, 2010) – Duke Realty Corporation (NYSE: DRE), a leading industrial and office property REIT, today reported results for the first quarter 2010.

Operating Highlights

Duke Realty Corporation Reports First Quarter Results

April 28, 2010

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“We are beginning to see signs that the economy is improving,” said Dennis D. Oklak, chairman and chief executive officer. “For the quarter, we were able to maintain occupancy levels from year end 2009 on our overall portfolio, execute the highest first quarter leasing activity in five years, and successfully dispose of non-strategic assets in alignment with our operating strategy. Additionally, I am very pleased with how we are executing on our capital strategy.”

Financial Performance

Capital Markets

The company has continued to address near-term debt obligations and execute on deleveraging actions, including:

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April 28, 2010

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As a result of these and previously announced capital transactions, the company has $880 million of available liquidity to repay 2011 maturities and pursue strategic opportunities. This liquidity consists of $850 million available on the company’s unsecured line of credit and $30 million of cash on hand as of March 31, 2010.

Portfolio Performance

Specific operational highlights include:

“Although the environment remains challenging, we are pleased to report that the second half of the first quarter showed a significant improvement in our operations. The primary driver was leasing activity in our bulk warehouse portfolio,” stated Mr. Oklak.

Real Estate Investment Activity

Development

Wholly Owned Properties

Joint Venture Properties

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April 28, 2010

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stabilization are $326.6 million, with $185.3 million in remaining costs to be funded. (All joint venture costs and square footage are reported for 100 percent ownership.)

Dispositions

Proceeds from first quarter non-strategic building dispositions were $122.6 million at a stabilized capitalization rate of 9.5 percent and were primarily comprised of Midwest office and non-strategic properties. Significant dispositions included:

Acquisitions

Within our joint venture with CBRE Realty Trust, we acquired two office buildings located in the South Florida area totaling over 222,000 square feet that are 100% leased. The company’s 20% share of the acquisition price was approximately $8.7 million with a projected stabilized return of 9.5%.

Dividends Declared

The company’s board of directors declared a quarterly cash dividend on the company’s common stock of $0.17 per share, or $0.68 per share on an annualized basis. The first quarter dividend will be payable May 31, 2010, to shareholders of record as of May 17, 2010.

The board also declared the following dividends on the company’s outstanding preferred stock:

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April 28, 2010

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2010 Earnings Guidance

The company reaffirmed Recurring FFO guidance for 2010 of $0.95 to $1.15 per share.

Information Regarding FFO

We compute FFO in accordance with standards established by the National Association of Real Estate Investment Trusts (“NAREIT”). NAREIT defines FFO as net income (loss) before non-controlling interest and excluding gains (losses) on sales of depreciable property and extraordinary items (computed in accordance with generally accepted accounting principles (“GAAP”); plus real estate related depreciation and amortization, and after similar adjustments for unconsolidated joint ventures. We believe FFO to be most directly comparable to net income as defined by GAAP. We believe that FFO should be examined in conjunction with net income (as defined by GAAP) as presented in the financial statements accompanying this release. FFO does not represent a measure of liquidity, nor is it indicative of funds available for our cash needs, including our ability to make cash distributions to shareholders. A reconciliation of net income per share, as defined by GAAP, to FFO per share, as defined by NAREIT, is included in the financial information accompanying this release.

For information purposes, we also provide FFO adjusted for certain non-recurring items such as impairment charges, gains (losses) on debt transactions and gains (losses) on the repurchases of preferred stock to reflect what management defines as Recurring FFO. Although our calculation of Recurring FFO differs from NAREIT’s definition of FFO and may not be comparable to that of other REITs and real estate companies, we believe it provides a meaningful supplemental measure of our operating performance. A reconciliation of FFO as defined by NAREIT to Recurring FFO is included in the Financial Performance section of this release.

About Duke Realty Corporation

Duke Realty Corporation owns and operates more than 134 million rentable square feet of industrial and office, including medical office, space in 18 major U.S. cities. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke is available at www.dukerealty.com.

First Quarter Earnings Call and Supplemental Information

Duke is hosting a conference call tomorrow, April 29, 2010, at 3:00 p.m. EDT to discuss its first quarter operating results. All investors and other interested

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April 28, 2010

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parties are invited to listen to the call. Access is available through the Investor Relations section of the company’s Web site.

A copy of the company’s supplemental information will be available after 6:00 p.m. EDT today through the Investor Relations section of the company’s Web site.

Cautionary Notice Regarding Forward-Looking Statements

This news release may contain forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, including, among others, statements regarding the company’s future financial position, projected financing sources, future transactions with joint venture partners, future dividends, and future performance, are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of the company, members of its management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “should,” or similar expressions. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that actual results may differ materially from those contemplated by such forward-looking statements. Many of these factors are beyond the company’s abilities to control or predict. Such factors include, but are not limited to, (i) general adverse economic and local real estate conditions, including the current economic recession; (ii) the inability of major tenants to continue paying their rent obligations due to bankruptcy, insolvency or a general downturn in their business; (iii) financing risks, such as the inability to obtain equity, debt or other sources of financing or refinancing on favorable terms, if at all; (iv) the company’s ability to raise capital by selling its assets; (v) changes in governmental laws and regulations; (vi) the level and volatility of interest rates and foreign currency exchange rates; (vii) valuation of joint venture investments, (viii) valuation of marketable securities and other investments; (ix) increases in operating costs; (x) changes in the dividend policy for the company’s common stock; (xi) the reduction in the company’s income in the event of multiple lease terminations by tenants; and (xii) impairment charges. Additional information concerning factors that could cause actual results to differ materially from those forward-looking statements is contained from time to time in the company’s filings with the Securities and Exchange Commission. The company refers you to the section entitled “Risk Factors” contained in the company’s Annual Report on Form 10-K for the year ended December 31, 2009. Copies of each filing may be obtained from the company or the Securities and Exchange Commission.

The risks included here are not exhaustive and undue reliance should not be placed on any forward-looking statements, which are based on current expectations. All written and oral forward-looking statements attributable to the company, its management, or persons acting on their behalf are qualified in their entirety by these cautionary statements. Further, forward-looking statements speak only as of the date they are made, and the company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time unless otherwise required by law.

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April 28, 2010

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Contact Information:

Media:

Jim Bremner

317.808.6920

jim.bremner@dukerealty.com

Investors:

Randy Henry

317.808.6060

randy.henry@dukerealty.com

Duke Realty Corporation

Statement of Operations

March 31, 2010

(In thousands, except per share amounts)

Duke Realty Corporation

Statement of Funds From Operations

March 31, 2010

(In thousands, except per share amounts)

Duke Realty Corporation

Balance Sheet

March 31, 2010

(In thousands, except per share amounts)