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Exhibit 1

DUKE REALTY CORPORATION
(an Indiana Corporation)

DUKE REALTY LIMITED PARTNERSHIP
(an Indiana Limited Partnership)

5.875% Senior Notes Due 2012

TERMS AGREEMENT

Dated: August 21, 2002

To: Duke Realty Corporation
600 East 96th Street, Suite 100
Indianapolis, IN 46240

Attention: Chairman of the Board of Directors

Ladies and Gentlemen:

        We understand that Duke Realty Limited Partnership, an Indiana limited partnership (the "Operating Partnership"), proposes to issue and sell $150,000,000 aggregate principal amount of its unsecured debt securities (the "Debt Securities")(such Debt Securities being collectively hereinafter referred to as the "Underwritten Securities"). Subject to the terms and conditions set forth or incorporated by reference herein, the underwriters named below (the "Underwriters") offer to purchase, severally and not jointly, the respective numbers of Underwritten Securities (as defined in the Underwriting Agreement referred to below) set forth below opposite their respective names at the purchase price set forth below.

Underwriter	Principal Amount Of Underwritten Securities
Deutsche Bank Securities Inc.	$	75,000,000
Merrill Lynch, Pierce, Fenner & Smith                     Incorporated	$	75,000,000
Total:	$	150,000,000

        The Underwritten Securities shall have the following terms:

Title of securities: 5.875% Senior Notes Due 2012

Currency: U.S. Dollars

Principal amount to be issued: $150,000,000

Current ratings: Moody's Investors Service, Inc: Baa1; Standard & Poor's Rating Service: BBB+

Interest rate: 5.875%

Interest payment dates: Each February 15 and August 15

Stated maturity date: August 15, 2012

Redemption provisions: None

Delayed Delivery Contracts: Not authorized

Initial public offering price: 99.038%, plus accrued interest, if any, from the date of issuance

Purchase price: 98.388% plus accrued interest, if any, from the date of issuance (payable in same day funds).

Other terms: The Underwritten Securities shall be in the form of Exhibit A to the Supplemental Indenture, dated as of August 26, 2002 between Duke Realty Limited Partnership and Bank One Trust Company, N.A. (as successor to The First National Bank of Chicago).

Closing date and location: August 26, 2002 at the offices of Clifford Chance Rogers & Wells LLP, 200 Park Avenue, New York, New York 10166

        All the provisions contained in the document attached as Annex A hereto entitled "Duke-Weeks Realty Corporation and Duke-Weeks Realty Limited Partnership—Common Stock, Preferred Stock, Depositary Shares and Debt Securities—Underwriting Agreement", as amended below, are incorporated by reference in their entirety herein and shall be deemed to be a part of this Terms Agreement to the same extent as if such provisions had been set forth in full herein. Terms defined in such document are used herein as therein defined.

        The Underwriting Agreement attached hereto as Annex A applies in its entirety except that:

        (1)  any reference therein to Merrill Lynch shall be deemed references to Deutsche Banc Alex Brown Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated; and

        (2)  Section 9(a) of the Underwriting Agreement shall be amended and restated in its entirety as follows:

        "(a) The Representatives may terminate the applicable Terms Agreement, by notice to the Company, at any time at or prior to Closing Time (i) if there has been, since the date of such Terms Agreement or since the respective dates as of which information is given in the Prospectus, any material adverse change, affecting the Duke Group as a whole, in the condition, financial or otherwise, or in the earnings, assets, business affairs or business prospects of any entity belonging to the Duke Group or of any Property, whether or not arising in the ordinary course of business; or (ii)if there has occurred any material adverse change in the financial markets in the United States, or any outbreak of hostilities or escalation thereof or other calamity or crisis or any change or development involving a prospective change in national or international political, financial or economic condition, in each case the effect of which is such as to make it, in judgement of the Representatives, impracticable or inadvisable to (x) commence or continue the offering of Underwritten Securities to the public, or (y) enforce contracts for the sale of the Underwritten Securities; or (iii) if trading in the Common Stock has been suspended by the Commission or if trading generally on either the New York Stock Exchange or the American Stock Exchange has been suspended, or minimum or maximum prices for trading have been fixed, or maximum ranges for prices for securities have been required, by either of said Exchanges or by order of the Commission or any other governmental authority, or if a banking moratorium has been declared by either Federal, New York or Indiana authorities, or if there has occurred a material disruption in commercial banking or securities settlement or clearance services in the United States; (iv) if Preferred Stock is being offered and the rating assigned by any nationally recognized statistical rating organization to any preferred shares of the Company as of the date of the applicable Terms Agreement shall have been lowered since such date or if any such rating organization shall have publicly announced that it has

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placed any preferred shares or debt securities of the Company on what is commonly termed a "watch list" for possible downgrading; or (v) if the rating assigned by any nationally recognized statistical rating organization to any long-term debt securities of the Operating Partnership as of the date of the applicable Terms Agreement shall have been lowered since such date or if any such rating organization shall have publicly announced that it has placed any long-term debt securities of the Operating Partnership on what is commonly termed a "watch list" for possible downgrading. As used in this Section 9(a), the term " Prospectus" means the Prospectus in the form first used to confirm sales of the Underwritten Securities."

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        Please accept this offer no later than 5 o'clock P.M. (New York City time) on August 21, 2002 by signing a copy of this Terms Agreement in the space set forth below and returning the signed copy to us.

		Very truly yours,
		DEUTSCHE BANK SECURITIES INC.
		By:	/s/  ERIC MAUTT Name: Title: Managing Director
		By:	/s/  NIGEL CREE Name: Title: Managing Director
		MERRILL LYNCH, PIERCE, FENNER & SMITH                             INCORPORATED
		By:	Name: Title:
Accepted:
DUKE REALTY CORPORATION
By:	/s/  MATTHEW A. COHOAT Name: Matthew A. Cohoat Title:
DUKE REALTY LIMITED PARTNERSHIP
By:	DUKE REALTY CORPORATION General Partner
By:	/s/  MATTHEW A. COHOAT Name: Matthew A. Cohoat Title:

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Exhibit 1