Duke Realty Corporation (NYSE:DRE) announced that it has entered into a definitive agreement to sell a 10.1 million square foot portfolio of suburban office properties located in seven markets throughout the Midwest and Southern regions. An affiliate of Blackstone Real Estate Partners VII has agreed to purchase the 82 building portfolio, which includes substantially all of the company's wholly-owned suburban office properties in Atlanta, Chicago, Columbus, Dallas, Minneapolis, Orlando and Tampa, for a total purchase price of $1.08 billion.

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