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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
FEINSAND HOWARD L
   2. Issuer Name and Ticker or Trading Symbol
DUKE REALTY CORP [DRE] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, General Counsel
(Last)
(First)
(Middle)
3950 SHACKLEFORD RD, #300		 3. Date of Earliest Transaction (Month/Day/Year)
01/30/2008
(Street)

DULUTH,, GA 30096-8268		 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               41,152 (1) D  
Common Stock               7,174 (2) I By 401 (K) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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
Employee Stock Options-Right to Buy $ 19.4261               (3) 01/25/2010 Common Stock 29,569   29,569 D  
Employee Stock Options-Right to Buy $ 24.2632               (4) 01/31/2011 Common Stock 21,306   21,306 D  
Employee Stock Options-Right to Buy $ 22.6799               (5) 01/30/2012 Common Stock 22,794   22,794 D  
Employee Stock Options-Right to Buy $ 24.6905               (6) 02/19/2013 Common Stock 12,283   12,283 D  
Employee Stock Options-Right to Buy $ 31.5771               (7) 01/28/2014 Common Stock 9,605   9,605 D  
Employee Stock Options-Right to Buy $ 31.4022               (8) 02/10/2015 Common Stock 15,609   15,609 D  
Employee Stock Options-Right to Buy $ 34.13               (9) 02/10/2016 Common Stock 25,109   25,109 D  
Employee Stock Options-Right to Buy $ 47.88               (10) 02/10/2017 Common Stock 20,074   20,074 D  
Phantom Stock Units (11) 01/30/2008   A   923     (11)   (11) Common Stock 923 (11) 14,331 (11) D  
Phantom Stock Units (12)               (12)   (12) Common Stock 545   545 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FEINSAND HOWARD L
3950 SHACKLEFORD RD, #300
DULUTH,, GA 30096-8268		       EVP, General Counsel  

Signatures

 Tracy D. Swearingen for Howard L. Feinsand per POA prev. filed.   02/01/2008
**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) Between November 30, 2007 and February 1, 2008, the Reporting Person acquired 165 shares of DRE common stock through dividend reinvestment.
(2) Between November 30, 2007 and February 1, 2008, the Reporting Person acquired 39 shares of DRE common stock through dividend reinvestment.
(3) The Stock Options vested at 20% per year and were fully vested on 1/25/05.
(4) The Stock Options vested at 20% per year and were fully vested on 1/31/06.
(5) The Stock Options vested at 20% per year and were fully vested on 1/30/07.
(6) The Stock Options vest at 20% per year and will be fully vested on 2/19/08.
(7) The Stock Options vest at 20% per year and will be fully vested on 1/28/09.
(8) The Stock Options vest at 20% per year and will be fully vested on 2/10/10.
(9) The Stock Options vest at 20% per year and will be fully vested on 2/10/11.
(10) The Stock Options vest at 20% per year and will be fully vested on 2/10/12.
(11) Represents phantom stock units vested under the 2000 Performance Share Plan of Duke Realty Corporation. Between November 30, 2007 and February 1, 2008, the Reporting Person acquired 264 phantom stock units 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.
(12) 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.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.