Duke Realty CORP Stock: price and management transactions · United States · SEC (Form 4)

About Duke Realty CORP

Duke Realty Corp. (NYSE: DRE) was a U.S.-listed real estate company focused on logistics and industrial property. For investors, the key point is that Duke Realty is no longer a standalone public company: Prologis announced the acquisition in June 2022, and the transaction closed on October 3, 2022. Duke Realty shares were then converted into Prologis shares under the merger terms, so DRE should now be viewed as a completed M&A case rather than an active listed equity. ([prologis.com](https://www.prologis.com/duke-realty-acquisition?utm_source=openai)) Before being acquired, Duke Realty was a meaningful player in U.S. logistics real estate, owning and operating approximately 167 million rentable square feet of industrial assets across 19 major logistics markets. Its business model centered on modern warehouse and distribution properties serving tenants that needed efficient supply-chain infrastructure, proximity to consumers, and access to major transportation corridors. That positioning placed the company directly in the structural growth lane of e-commerce, inventory optimization, and supply-chain reconfiguration. ([prologis.com](https://www.prologis.com/duke-realty-acquisition?utm_source=openai)) Historically, Duke Realty followed the standard playbook of a disciplined industrial REIT: focus on quality assets, concentration in high-demand markets, and a portfolio mix designed to benefit from long-term logistics demand. The company was traded on the NYSE and operated in the United States, which made it a familiar name for institutional investors seeking U.S. industrial real estate exposure. Competitively, it sat alongside other major logistics landlords in the U.S. market, but the Prologis transaction ended its life as an independent public issuer. ([prologis.com](https://www.prologis.com/duke-realty-acquisition?utm_source=openai)) Geographically, Duke Realty’s footprint was concentrated in leading U.S. logistics hubs rather than diversified across unrelated property types. That concentration gave it a clear strategic identity, but also made scale and tenant relationships crucial. The most important recent development is therefore the acquisition by Prologis, which expanded Prologis’ presence in key U.S. markets and added more than 500 customers to its platform according to Prologis’ disclosure. For French-speaking investors, the appropriate framing is that DRE was once a U.S. industrial REIT listed on the NYSE, but it has been fully absorbed into Prologis since October 2022. ([prologis.com](https://www.prologis.com/sites/corporate/files/documents/2022/10/2022-10-03-Prologis-Closes-Acquisition-of-Duke-Realty.pdf?utm_source=openai))