Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
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 (Month/Day/Year)
02/10/2006
(Street)

NASHVILLE,, TN 37211
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 02/10/2006   A   1,428 A (1) 160,391 D  
Common Stock               3,470 I By Spouse
Common Stock               5,162 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. (2)
Common Stock               44,629 I By NWI Warehouse Group NV, L.P. (3)
Common Stock               706 I By Nelley Holdings, L.P. (4)
Common Stock               2,670 I By NWI X, L.P. (5)
Common Stock               28 I By NWI XX, L.P. (6)
Common Stock               2,130 I By Pine Tree Corporation (7)
Common Stock               16,099 I By the Revocable Inter-Vivos Trust for Mary Lindsay Polk Stone (8)
Common Stock               5,800 I By the 1987 E.H.W., Jr. Family Trust (9)
Common Stock               2,375 I By the Jack Denton Graham Family Trust (10)
Common Stock               1,298 I By the Andrew Dale Harris Trust (11)
Common Stock               5,298 I By the Holcomb Family Trust (12)
Common Stock               515 I By the J. Canale Harris Trust (13)
Common Stock               4,638 I By the Janice Shapard Oden Trust (14)
Common Stock               11,513 I By the Provo Family Trust (15)
Common Stock               2,251 I By the VanderNaillen Trust (16)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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 (17)             07/02/1999   (17) Common Stock 785,704   785,704 I By NWI Warehouse Group NV, L.P. (18)
Employee Stock Options-Right to Buy $ 19.4876               (19) 01/29/2009 Common Stock 56,801   56,801 D  
Employee Stock Options-Right to Buy $ 24.2632               (20) 01/31/2011 Common Stock 1,705   1,705 D  
Employee Stock Options-Right to Buy $ 22.6799               (21) 01/30/2012 Common Stock 9,168   9,168 D  
Employee Stock Options-Right to Buy $ 24.6905               (22) 02/19/2013 Common Stock 13,609   13,609 D  
Employee Stock Options-Right to Buy $ 31.5771               (23) 01/28/2014 Common Stock 10,645   10,645 D  
Employee Stock Options-Right to Buy $ 31.4022               (24) 02/10/2015 Common Stock 16,541   16,541 D  
Employee Stock Options-Right to Buy $ 34.13 02/10/2006   A   13,601     (25) 02/10/2016 Common Stock 13,601 (25) 13,601 D  
Phantom Stock Units (26)               (26)   (26) Common Stock 6,601   6,601 D  
Phantom Stock Units (27)               (27)   (27) Common Stock 10,463   10,463 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
NELLEY JOHN W JR
782 MELROSE AVENUE
NASHVILLE,, TN 37211
  X     Managing Dir., Nashville Oper.  

Signatures

 Valerie J. Steffen for John W. Nelley, Jr. per POA previously filed   02/14/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Represents an award of restricted stock units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
(2) Represents the Reporting Person's beneficial ownership of Shares owned by NWI XV, L.P. ("NWIXV"). In total, NWIXV owns 2,600 shares.
(3) 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.
(4) Represents the Reporting Person's beneficial ownership of Shares owned by Nelley Holdings, L.P. ("NHLP"). In total, NHLP owns 4,238 Shares.
(5) Represents the Reporting Person's beneficial ownership of Shares owned by NWI X, L.P. ("NWIX"). In total, NWIX owns 6,676 Shares.
(6) Represents the Reporting Person's beneficial ownership of Shares owned by NWI XX, L.P. ("NWIXX"). In total, NWIXX owns 7,100 Shares.
(7) Represents the Reporting Person's beneficial ownership of Shares owned by Pine Tree Corporation ("PTC"). In total, PTC owns 7,100 shares.
(8) 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.
(9) 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.
(10) By John W. Nelley, Jr., as Trustee for the Jack Denton Graham Family Trust. The Reporting Person disclaims any beneficial interest in these shares.
(11) By John W. Nelley, Jr., as Trustee for the Andrew Dale Harris Trust. The Reporting Person disclaims any beneficial interest in these shares.
(12) By John W. Nelley, Jr., as Trustee for the Holcomb Family Trust. The Reporting Person disclaims any beneficial interest in these shares.
(13) By John W. Nelley, Jr., as Trustee for the J. Canale Harris Trust Trust. The Reporting Person disclaims any beneficial interest in these shares.
(14) By John W. Nelley, Jr., as Trustee for the Janice Shapard Oden Trust. The Reporting Person disclaims any beneficial interest in these shares.
(15) By John W. Nelley, Jr., as Trustee for the Provo Family Trust. The Reporting Person disclaims any beneficial interest in these shares.
(16) By John W. Nelley, Jr., as Trustee for the VanderNaillen Trust. The Reporting Person disclaims any beneficial interest in these shares.
(17) 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.
(18) 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.
(19) The Stock Options vested at a rate of 33.33% per year and were fully vested on 1/21/02.
(20) The Stock Options vested at a rate of 20% per year and were fully vested on 1/31/06.
(21) The Stock Options vest at a rate of 20% per year and will be fully vested on 1/30/07.
(22) The Stock Options vest at a rate of 20% per year and will be fully vested on 2/19/08.
(23) The Stock Options vest at a rate of 20% per year and will be fully vested on 1/28/09.
(24) The Stock Options vest at a rate of 20% per year and will be fully vested on 2/10/10.
(25) The Stock Options vest at a rate of 20% per year and will be fully vested on 2/10/11.
(26) Represents phantom stock units accrued under the Weeks Corporation 1998 Deferred Compensation Plan. 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 termination of employment.
(27) Represents phantom stock units accrued under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. 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 termination of employment.

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