EXHIBIT 12.1

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO FIXED CHARGES CALCULATION

(in thousands, except ratios)

	Three Months Ended March 31, 2007
Net income from continuing operations, less preferred distributions	$	20,466
Preferred distributions	15,226
Interest expense	45,704
Earnings before fixed charges	$	81,396
Interest expense	$	45,704
Interest costs capitalized	13,071
Total fixed charges	$	58,775
Preferred distributions	15,226
Total fixed charges and preferred distributions	$	74,001
Ratio of earnings to fixed charges	1.38
Ratio of earnings to combined fixed charges and preferred distributions	1.10