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As filed with the Securities and Exchange Commission on March 22, 1996
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K/A
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)
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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 which will be
recorded at the purchase price of $76 million. 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 22, 1996 By: /s/ Dennis D. Oklak
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Dennis D. Oklak
Vice President and Treasurer
