Don Dunbar, Executive Vice President, Duke Realty, said, "The
acquisition of the CHRISTUS St. Catherine medical office
portfolio is aligned with Duke Realty's property strategy to
expand its investment in core healthcare assets. These
medical office buildings are 95 percent leased to premier
healthcare providers and are located on the grounds of the
CHRISTUS St. Catherine Hospital campus, which is part of
CHRISTUS Health. CHRISTUS Health is one of the nation's
largest Catholic healthcare systems, with more than 40
hospitals and facilities in six American states and
Mexico."
Plaza I is a three-story, 48,542-square-foot MOB and is 100
percent occupied. Plaza II is a four-story,
72,107-square-foot building that includes an ambulatory
surgery center with four operating rooms. Plaza III, a
three-story, 48,201-square-foot facility, encompasses the MD
Anderson Regional Care Center in Katy. All three buildings
are served by adjacent free parking. The CHRISTUS St.
Catherine campus is less than one-half mile from U.S.
Interstate 10.
Duke Realty owns and operates approximately 143 million
rentable square feet of industrial, office and healthcare
assets
in 18 major U.S. cities. 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.
With more than 20 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. Duke
Realty's medical office portfolio consists of 29 buildings
totaling 2.9 million square feet with 308,000 square feet in
the
development pipeline. Projects have ranged from small medical
office buildings to large healthcare centers with
diagnostics, oncology and surgery services.
Duke Realty's healthcare division was created by the February
2007 acquisition of Bremner Healthcare by Duke Realty. To
find out more, please visit www.dukerealty.com/healthcare.
- 30 -
Editor's Note: Please contact Duke Realty's Communications
team at Duke.Communications2@dukerealty.comif a photograph of the CHRISTUS St. Catherine
medical office buildings is needed.
Duke Realty Corporation
www.dukerealty.com
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