Duke Realty Closes on Acquisition of Bremner Healthcare Real Estate.INDIANAPOLIS -- Duke Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Corporation (NYSE NYSE See: New York Stock Exchange :DRE DRE Digital rectal examination. Mentioned in: Rectal Examination ) ("Duke") today announced that it has completed the previously announced acquisition of Bremner Healthcare Real Estate ("Bremner Healthcare"), a national healthcare facilities development and management firm. Going forward, Bremner Healthcare will be known as Bremner-Duke Healthcare Real Estate ("Bremner-Duke"), and will operate as a separate division of Duke. In the next several days, Duke also plans to close on the acquisition of Bremner Healthcare's remaining 50% interest in the healthcare properties owned by the previous Duke-Bremner joint venture. These properties consist of 784,000 square feet in nine projects throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . About Duke Realty Corporation Founded in 1972, Duke Realty Corporation develops commercial real estate in strategically selected markets by leveraging the expertise of local sales, construction and operations professionals. Duke is the largest publicly traded, vertically integrated office/industrial real estate company in the United States. Duke's properties encompass approximately 114 million rentable square feet leased by more than 3,500 tenants. We own or control more than 6,400 acres of undeveloped land that can support approximately 93 million square feet of additional development. Duke common stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol: DRE. Visit Duke on the web at www.dukerealty.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion