DUKE REALTY INVESTMENTS INC
8-K, 1996-03-05
REAL ESTATE INVESTMENT TRUSTS
Previous: WPG GROWTH FUND, 497, 1996-03-05
Next: PILGRIM REGIONAL BANKSHARES INC, NSAR-B, 1996-03-05



<PAGE>

     As filed with the Securities and Exchange Commission on March 5, 1996

     _________________________________________________________________________
     _________________________________________________________________________


                          SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549

                                    ______________


                                       FORM 8-K

                  CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                         THE SECURITIES EXCHANGE ACT OF 1934


         Date of Report (Date of earliest event reported):   February 5, 1996


                            DUKE REALTY INVESTMENTS, INC.
                (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)


       Indiana                          1-9044                  35-1740409
   (State or other                   (Commission             (I.R.S. Employer
     jurisdiction                     File Number)           Identification No.)
    incorporation)


                          8888 Keystone Crossing, Suite 1200
                                Indianapolis, Indiana               46240
                       (Address of principal executive offices)   (Zip Code)


        Registrant's telephone number, including area code:     (317) 574-3531



                                    NOT APPLICABLE
              (Former name or former address changed since last report)

     _________________________________________________________________________
     _________________________________________________________________________
<PAGE>

ITEM 5. OTHER EVENTS

     On February 5, 1996, Duke Realty Investments, Inc. (the "Company") and
     subsidiaries   completed the acquisition of eight suburban office buildings
     totaling 782,000 gross square feet in Cleveland, Ohio. The buildings are
     99% leased in the aggregate and are primarily located in a prime submarket
     on Cleveland's southside that has vacancy rates which are less than 5%. The
     acquisition included the purchase of the operations of an established
     Cleveland property management and development company that allowed the
     Company to immediately have a presence in the market. This acquisition
     positions the Company to immediately pursue additional industrial and
     suburban office development and acquisition opportunities in Cleveland.

                                  SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                              Duke Realty Investments, Inc.
                                                       (Registrant)

Date:     March 5, 1996                       By:  /s/ Dennis D. Oklak
                                                  -------------------------
                                                   Dennis D. Oklak
                                                   Vice President and Treasurer


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission