EXHIBIT 12.1

DUKE REALTY LIMITED PARTNERSHIP

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES AND RATIO OF EARNINGS TO

COMBINED FIXED CHARGES AND PREFERRED DISTRIBUTIONS

(in thousands, except ratios)

	Three Months Ended March 31, 2009
Income from continuing operations, less preferred distributions	$	18,892
Preferred distributions		18,363
Interest expense		52,068
Earnings before fixed charges	$	89,323
Interest expense	$	52,068
Interest costs capitalized		7,499
Total fixed charges	$	59,567
Preferred distributions		18,363
Total fixed charges and preferred distributions	$	77,930
Ratio of earnings to fixed charges		1.50
Ratio of earnings to combined fixed charges and preferred distributions		1.15