Duke Realty's National Development and Construction Group Design/Builder for Renaissance Place in Lafayette, Indiana; Group to Focus on Projects Outside of Its Established Markets.

LAFAYETTE, Ind. -- Duke Construction has begun work on a downtown Lafayette project called Renaissance Place. While the project is being built by Duke Construction, the construction arm of Duke Realty Corporation, it is being directed by Duke's National Development and Construction Group, which focuses on activities outside the Company's core markets and with national users.

"Although this project is in our home state of Indiana, it is geographically beyond the reach of our Indianapolis team and therefore falls within the scope of our National group," said Chris Seger, Executive Vice President, National Development and Construction Group. "In fact, this is a great example of Duke's flexibility in meeting the needs of customers regardless of where they chose to do business. We are excited to be part of the renaissance of downtown Lafayette, Indiana."

Renaissance Place will include office, retail, and residential uses as well as a parking structure. Lafayette Bank & Trust recently announced its intent to be the anchor tenant of the new, six-story office building. In addition to the 140,000-square-foot office building, Renaissance Place will feature a five-story retail/condominium component consisting of 36 residential/condominium units, 18,500 square feet of retail space and a six-story parking garage. The project is slated for completion in the first half of 2006.

Lafayette Bank & Trust will occupy 72,000 square feet of the office tower; the 106-year-old financial institution will consolidate three downtown locations into its new headquarters. The bank's operations will be centered around a "21st Century Banking Center" featuring modern electronic and telephone banking conveniences along with a coffee bar, seating area and offices for private consultations with bank staff. The bank's insurance, title and investment partners will also be located in the ground floor office area, with trust offices on the second floor.

Duke Realty Corporation is one of the largest real estate companies in the United States with a total market capitalization approaching $8 billion. The Company is a full-service commercial real estate company that owns, manages or has under development more than 109 million square feet of industrial, office and retail properties in 14 major U.S. cities. Duke, which controls 4,600 acres of undeveloped land that can support approximately 69 million square feet of future development, also provides nationwide real estate solutions through its national development and construction division.

For more than 30 years Duke Construction has been offering a comprehensive array of construction-related services to commercial property owners, developers and end-users across the Midwest and South. With 14 full-service locations, Duke Construction has the ability to mobilize local market resources and provide on-site support for projects virtually anywhere in the country. Duke Construction professionals serve as design builder, construction manager and general contractor to deliver solutions for a wide variety of industrial, retail and office projects. Duke Construction is the construction arm of Duke Realty Corporation, the largest publicly traded office and industrial real estate company in the United States.

More information about Duke is available on the Internet: www.dukerealty.com

For an updated list of available space from Duke, visit www.dukespacefinder.com