Duke Realty-developed WakeMed facility opens

Diagnostic center in the new 87,000-square-foot WakeMed Raleigh Medical Park opened; ambulatory surgery center to open in July and children’s specialty services in the fall

(Raleigh N.C.– June 27, 2012) The new three-story, 87,000-square-foot, Class A WakeMed Raleigh Medical Park, financed, developed, owned, leased and managed by Duke Realty, is open and now offering diagnostic services. The medical park is on the corner of New Bern Ave. and Sunnybrook Rd., adjacent to the flagship WakeMed Raleigh campus.

WakeMed Health & Hospitals’ Diagnostic Center, which includes outpatient imaging, lab services and pre-anesthesia testing, is the first of several healthcare services to be offered in the medical park. Capital City Surgery Center, a 30,000-square-foot ambulatory surgery center (ASC), which is a joint venture between WakeMed and community surgeons, plans to open in July. Duke Children’s Hospital & Health Center and WakeMed Children’s Specialty Services expect to begin serving patients in a 20,000-square-foot space in the medical park in the fall.

The project combined the expertise of Indianapolis-based Duke Realty, a leading commercial real estate developer and owner in Raleigh, N.C. and the surrounding Triangle area, and WakeMed Health & Hospitals, according to Deeni Taylor, Duke Realty Executive Vice President.

“The new Class A medical park represents a significant addition of medical services for Raleigh residents,” Mr. Taylor says. “We have been pleased to join forces with healthcare leader WakeMed and use our real estate experience to expand healthcare options for the community.”

The project architect was the Raleigh office of Chicago-based Perkins+Will Inc., and the general contractor was the Raleigh office of Birmingham, Ala.-based Brasfield & Gorrie LLC.

Affiliated healthcare professionals who are interested in leasing space at WakeMed Raleigh Medical Park are invited to contact Alban Barrus of Duke Realty at alban.barrus@dukerealty.com or 919.461.8052.

About Duke Realty

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, leasing, and facility management services. Projects have ranged from small medical office buildings to large ambulatory care centers with diagnostics, oncology and surgery services. To find out more, please visit www.dukerealty.com/healthcare.

Duke Realty owns and operates approximately 139 million rentable square feet of industrial and office assets, including medical office, 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.

About WakeMed Health & Hospitals

WakeMed Health & Hospitals is a private, not-for-profit healthcare organization based in Raleigh, N.C. The 870-bed system comprises a network of healthcare facilities throughout Wake and Johnston Counties. Centers of excellence include cardiac and vascular care, women’s and children’s services, physical rehab, emergency and trauma, orthopedics, neurosciences, home care and numerous wellness and community outreach programs. WakeMed’s team of 7,750 employees, 1,000 volunteers and more than 1,000 affiliated physicians serve the residents of North Carolina using the most advanced technologies to ensure the finest in healthcare. For more information, visit www.wakemed.org.