Sec Form 4 Filing - NELLEY JOHN W JR @ DUKE REALTY CORP - 2006-04-27

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person NELLEY JOHN W JR 2. Issuer Name and Ticker or Trading Symbol DUKE REALTY CORP [ DRE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Managing Dir., Nashville Oper. (Last) (First) (Middle) 782 MELROSE AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 04/27/2006 (Street) NASHVILLE,, TN37211 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/27/2006 F 92 ( 1 ) D $ 35.46 160,510 ( 2 ) D Common Stock 3,470 I By Spouse Common Stock 5,627 ( 4 ) I By 401(K) Plan - A Common Stock 2,118 I By 401(K) Plan - B Common Stock 884 I By NWI XV, L.P. ( 3 ) Common Stock 44,629 I By NWI Warehouse Group NV, L.P. ( 5 ) Common Stock 706 I By Nelley Holdings, L.P. ( 6 ) Common Stock 2,670 I By NWI X, L.P. ( 7 ) Common Stock 28 I By NWI XX, L.P. ( 8 ) Common Stock 2,130 I By Pine Tree Corporation ( 9 ) Common Stock 16,099 I By the Revocable Inter-Vivos Trust for Mary Lindsay Polk Stone ( 10 ) Common Stock 5,800 I By the 1987 E.H.W., Jr. Family Trust ( 11 ) Common Stock 2,375 I By the Jack Denton Graham Family Trust ( 12 ) Common Stock 1,298 I By the Andrew Dale Harris Trust ( 13 ) Common Stock 5,298 I By the Holcomb Family Trust ( 14 ) Common Stock 515 I By the J. Canale Harris Trust ( 15 ) Common Stock 4,638 I By the Janice Shapard Oden Trust ( 16 ) Common Stock 11,513 I By the Provo Family Trust ( 17 ) Common Stock 2,251 I By the VanderNaillen Trust ( 18 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Units of Duke Realty Limited Partnership ( 19 ) 07/02/1999 ( 19 ) Common Stock 785,704 785,704 I By NWI Warehouse Group NV, L.P. ( 20 ) Employee Stock Options-Right to Buy $ 19.4876 ( 21 ) 01/29/2009 Common Stock 56,801 56,801 D Employee Stock Options-Right to Buy $ 24.2632 ( 22 ) 01/31/2011 Common Stock 1,705 1,705 D Employee Stock Options-Right to Buy $ 22.6799 ( 23 ) 01/30/2012 Common Stock 9,168 9,168 D Employee Stock Options-Right to Buy $ 24.6905 ( 24 ) 02/19/2013 Common Stock 13,609 13,609 D Employee Stock Options-Right to Buy $ 31.5771 ( 25 ) 01/28/2014 Common Stock 10,645 10,645 D Employee Stock Options-Right to Buy $ 31.4022 ( 26 ) 02/10/2015 Common Stock 16,541 16,541 D Employee Stock Options-Right to Buy $ 34.13 ( 27 ) 02/10/2016 Common Stock 13,601 13,601 D Phantom Stock Units ( 28 ) ( 28 ) ( 28 ) Common Stock 6,689 6,689 ( 28 ) D Phantom Stock Units ( 29 ) ( 29 ) ( 29 ) Common Stock 10,603 10,603 ( 29 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other NELLEY JOHN W JR 782 MELROSE AVENUE NASHVILLE,, TN37211 X Managing Dir., Nashville Oper. Signatures Valerie J. Steffen for John W. Nelley, Jr. per POA previously filed 04/28/2006 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents shares withheld for taxes upon the vesting of restricted stock units granted pursuant to Rule 16b-3 of Section 16b of the Securities Exchange Act of 1934. ( 2 )Between February 6, 2006 and April 28, 2006, the Reporting Person acquired 66 shares of the Company's common stock through dividend reinvestment and 145 shares through the Company's Employee Stock Purchase Plan. ( 3 )Represents the Reporting Person's beneficial ownership of Shares owned by NWI XV, L.P. ("NWIXV"). In total, NWIXV owns 2,600 shares. ( 4 )Between February 6, 2006 and April 28, 2006, the Reporting Person acquired 465 shares of DRE's common stock under the Company's 401(k) plan. ( 5 )Represents the Reporting Person's beneficial ownership of Shares owned by NWI Warehouse Group NV, L.P. ("NWI"). In total, NWI owns 200,000 Shares. ( 6 )Represents the Reporting Person's beneficial ownership of Shares owned by Nelley Holdings, L.P. ("NHLP"). In total, NHLP owns 4,238 Shares. ( 7 )Represents the Reporting Person's beneficial ownership of Shares owned by NWI X, L.P. ("NWIX"). In total, NWIX owns 6,676 Shares. ( 8 )Represents the Reporting Person's beneficial ownership of Shares owned by NWI XX, L.P. ("NWIXX"). In total, NWIXX owns 7,100 Shares. ( 9 )Represents the Reporting Person's beneficial ownership of Shares owned by Pine Tree Corporation ("PTC"). In total, PTC owns 7,100 shares. ( 10 )By John W. Nelley, Jr., as Co-Trustee for the Revocable Inter-Vivos Trust for Mary Lindsay Polk Stone. The Reporting Person disclaims any beneficial interest in these shares. ( 11 )By John W. Nelley, Jr., as Trustee for the 1987 E.H.W., Jr., Family Trust. The Reporting Person disclaims any beneficial interest in these shares. ( 12 )By John W. Nelley, Jr., as Trustee for the Jack Denton Graham Family Trust. The Reporting Person disclaims any beneficial interest in these shares. ( 13 )By John W. Nelley, Jr., as Trustee for the Andrew Dale Harris Trust. The Reporting Person disclaims any beneficial interest in these shares. ( 14 )By John W. Nelley, Jr., as Trustee for the Holcomb Family Trust. The Reporting Person disclaims any beneficial interest in these shares. ( 15 )By John W. Nelley, Jr., as Trustee for the J. Canale Harris Trust Trust. The Reporting Person disclaims any beneficial interest in these shares. ( 16 )By John W. Nelley, Jr., as Trustee for the Janice Shapard Oden Trust. The Reporting Person disclaims any beneficial interest in these shares. ( 17 )By John W. Nelley, Jr., as Trustee for the Provo Family Trust. The Reporting Person disclaims any beneficial interest in these shares. ( 18 )By John W. Nelley, Jr., as Trustee for the VanderNaillen Trust. The Reporting Person disclaims any beneficial interest in these shares. ( 19 )Units of Duke Realty Limited Partnership are convertible on a one to one basis to the Company's common stock and have no expiration date. ( 20 )Represents the Reporting Person's beneficial ownership of Units owned by NWI Warehouse Group NV, L.P. ("NWI"). In total, NWI owns 3,521,050 Units. ( 21 )The Stock Options vested at a rate of 33.33% per year and were fully vested on 1/21/02. ( 22 )The Stock Options vested at a rate of 20% per year and were fully vested on 1/31/06. ( 23 )The Stock Options vest at a rate of 20% per year and will be fully vested on 1/30/07. ( 24 )The Stock Options vest at a rate of 20% per year and will be fully vested on 2/19/08. ( 25 )The Stock Options vest at a rate of 20% per year and will be fully vested on 1/28/09. ( 26 )The Stock Options vest at a rate of 20% per year and will be fully vested on 2/10/10. ( 27 )The Stock Options vest at a rate of 20% per year and will be fully vested on 2/10/11. ( 28 )Represents phantom stock units accrued under the Weeks Corporation 1998 Deferred Compensation Plan. Between February 6, 2006 and April 28, 2006, the Reporting Person acquired 88 shares of the Company's common stock through dividend reinvestment. All amounts accrued under the plan are to be paid in cash upon the Reporting Person's termination of employment. ( 29 )Represents phantom stock units accrued under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. Between February 6, 2006 and April 28, 2006, the Reporting Person acquired 140 shares of common stock through dividend reinvestment. The units are valued on a one to one basis to the Company's common stock and are to be settled in cash upon the Reporting Person's termination of employment.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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