News Release: Four Duke Realty healthcare projects named HREI Insights Awards™ Finalists

Healthcare Real Estate Insights™ magazine’s annual, national awards program honors medical facilities the firm developed in Florida, Indiana, New Jersey and Tennessee

The Fifth Third Bank Building (Eskenazi Health) in Indianapolis is one of four Duke Realty-developed healthcare facilities that HREI™ magazine recognized as Finalists in its annual national awards program.

The Fifth Third Bank Building (Eskenazi Health) in Indianapolis is one of four Duke Realty-developed healthcare facilities that HREI™ magazine recognized as Finalists in its annual national awards program.

INDIANAPOLIS, Dec. 4, 2014 – Duke Realty-developed medical facilities have been honored as Finalists in four out of nine categories of Healthcare Real Estate Insights™ magazine’s annual, national awards program. The Indianapolis-based commercial real estate firm developed the facilities in Indianapolis, Florida, New Jersey and Tennessee.

The HREI Insights Awards™ are the only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards are presented by Healthcare Real Estate Insights™ magazine, the first and only national magazine entirely devoted to covering HRE development, financing and investment.

“We are very pleased that HREI magazine recognized four of our healthcare developments as Finalists in the 2014 HREI Insights Awards program,” says Keith Konkoli, Duke Realty Senior Vice President – Healthcare. “These new facilities are meeting important needs in their respective communities, including helping to retain and recruit physicians, providing additional medical services and specialties, offering greater convenience and ease of use and helping improve the quality of care. We are proud to be recognized by this awards program, which honors the most creative, innovative projects in the healthcare sector.”

The Duke Realty-developed projects that were named Finalists include:

Baptist Memorial Rehabilitation Hospital, Germantown, Tenn.
Baptist Memorial Health Care Corp. and Centerre Healthcare Corp. formed a joint venture to develop a new lower-acuity rehab hospital in Germantown. Developed and owned by Duke Realty, the new modern, technologically advanced rehab hospital is a cost-effective solution for meeting the increased need for rehabilitation services in the Memphis, Tenn. area. Staff and services from Baptist’s higher-acuity hospital were relocated to the new facility, freeing up space to expand the surgery center in that building. Baptist is leasing the hospital from Duke Realty, and leading rehab experts Centerre and Baptist are providing state-of-the-art treatment to patients with rehabilitation needs. The architect for the project was Earl Swensson Associates.

Fifth Third Bank Building (Eskenazi Health), Indianapolis
Duke Realty, Eskenazi Health and Health and Hospital Corporation of Marion County (HHC) forged a creative, collaborative public-private partnership to cost-effectively develop and finance the 274,000-square-foot faculty office building (FOB). The building is jointly owned by Duke Realty and HHC and leased solely by HHC. The facility has enabled all Eskenazi physicians and staff, as well as hospital support functions, to be relocated from multiple buildings spread across Indianapolis onto one modern campus. The facility and the entire new 37-acre campus on which it’s located are on target to achieve Leadership in Energy and Environmental Design® (LEED) Silver Certification. This would make it the first hospital campus in the country to achieve this designation. Architects for the project were HOK Group Inc. and BSA LifeStructures Inc.

James A. Haley Veterans’ Hospital Primary Care Annex, Tampa, Fla.
The new 106,000-square-foot Tampa VA clinic is significantly expanding healthcare services to more than 87,000 veterans in four Florida counties. The development team and VA representatives worked in collaboration to successfully develop a design that would fit within the building constraints, resulting in the interior of the building being much more efficiently laid out than the previous facility. In addition, the VA is able to see more patients, wait times have been reduced and veterans have a more pleasant overall experience. This has resulted in the U.S. Department of Veterans Affairs making the decision to model all future healthcare facilities on the Tampa clinic. The architect for the project was HGA (Hammel, Green and Abrahamson).

Palisades Ambulatory Care Center, North Bergen, N.J.
The new medical office building (MOB), which will open this December, will provide additional space that wasn’t available in the previous facility. It also will help Palisades retain its current physicians, recruit new physicians and provide expanded specialty care services to residents that they wouldn’t otherwise find in the community. During construction, the development team faced numerous challenges, including logistical and scheduling issues. The design of the building changed several times because of site conditions, zoning issues, environmental regulations, neighbor requests, tenant changes and natural disasters including Hurricane Sandy. The final location, design and orientation resulted in a compromise that satisfied all stakeholders and the building will open on schedule. The architect for the project is AMB Development Group.

About Duke Realty
With more than 25 years in the industry, Duke Realty’s healthcare team offers proven experience in providing hospitals and physician groups comprehensive planning, development, ownership and facility management services. Projects have ranged from small medical office buildings to large ambulatory care centers with diagnostics, oncology and surgery services. To find out more, please visit www.dukerealty.com/healthcare.

Duke Realty owns, maintains an interest in or has under development approximately 154.6 million rentable square feet of industrial and office assets, including medical office, in 22 major U.S. metropolitan areas. The medical office portfolio includes 72 properties totaling 5.8 million square feet, including three buildings and one expansion under development totaling 250,000 square feet. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke Realty is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.

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