FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * MCCOY WILLIAM O   2. Issuer Name and Ticker or Trading Symbol DUKE REALTY CORP [DRE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1450 RALEIGH ROAD, SUITE 300 3. Date of Earliest Transaction (Month/Day/Year) 01/30/2008 (Street) CHAPEL HILL,, NC 27517 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock               31,593 D   Common Stock               15,599 I By Spouse

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options-Right to Buy	$ 19.8395							(1)	12/31/2008	Common Stock	7,100		7,100	D
Employee Stock Options-Right to Buy	$ 19.4261							(2)	01/25/2010	Common Stock	2,573		2,573	D
Employee Stock Options-Right to Buy	$ 24.2632							(3)	01/31/2011	Common Stock	2,573		2,573	D
Employee Stock Options-Right to Buy	$ 22.6799							(4)	01/30/2012	Common Stock	2,573		2,573	D
Employee Stock Options-Right to Buy	$ 24.1854							(5)	01/29/2013	Common Stock	2,573		2,573	D
Employee Stock Options-Right to Buy	$ 31.5771							(6)	01/28/2014	Common Stock	2,573		2,573	D
Phantom Stock Units	(7)	01/30/2008		A		164		(7)	(7)	Common Stock	164	$ 24.34 (8)	21,079 (7)	D
Phantom Stock Units	(9)							(9)	(9)	Common Stock	2,114		2,114 (9)	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MCCOY WILLIAM O 1450 RALEIGH ROAD, SUITE 300 CHAPEL HILL,, NC 27517	X

Signatures

Tracy D. Swearingen for William O. McCoy per POA previously filed		01/31/2008
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The Stock Options were fully vested on the grant date.
(2)	The Stock Options vested annually at a rate of 20% per year and were fully vested on 1/25/2005.
(3)	The Stock Options vested annually at a rate of 20% per year and were fully vested on 1/31/2006.
(4)	The Stock Options vested annually at a rate of 20% per year and were fully vested on 1/30/2007.
(5)	The Stock Options vested annually at a rate of 20% per year and were fully vested on 1/29/2008.
(6)	The Stock Options vest annually at a rate of 20% per year and will be fully vested on 1/28/2009.
(7)	Represents phantom stock units accrued under the Directors' Deferred Compensation Plan of Duke Realty Corporation. The units are valued on a one to one basis to the Company's common stock and are to be settled in cash and stock upon the Reporting Person's termination as a director of the Issuer.
(8)	Represents shares issued through the 2005 Non-Employee Directors Compensation Plan.
(9)	Represents phantom stock units accrued under the Weeks Corporation 1998 Deferred Compensation Plan. The units are valued on a one to one basis to the Company's common stock and are to be settled in cash upon the Reporting Person's termination of employment.

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