News Release News Media Contact: Cynthia Shepard, 317-808-6900, cynthia.shepard@dukerealty.com Duke Realty Breaks Ground on Wishard Project Indianapolis-based real estate firm to develop 274,000-square-foot Fifth Third Faculty Office Building on the new Eskenazi Health campus INDIANAPOLIS, Jan. 5, 2012 - Duke Realty has begun construction on Wishard Health Services' new faculty office building as part of the planned 37-acre, $754 million Eskenazi Health campus in downtown Indianapolis.

The five-story, 274,000-square-foot Fifth Third Faculty Office Building (FOB) will house support functions for the hospital, including office space for administrative staff and Indiana University (IU) School of Medicine faculty physicians who will practice at the campus, as well as work space for both research and various academic support programs.
Along with an 11-story hospital tower and a planned ambulatory care building, the new FOB will enable Eskenazi Health's physicians and staff to be consolidated on one modern campus. Currently, physician offices are located in multiple older buildings throughout Indianapolis. The Fifth Third FOB will be jointly owned by Duke Realty and Health and Hospital Corporation of Marion County (HHC), which operates the Wishard system, and leased solely by HHC.
"We are pleased with our unique public-private partnership with Duke Realty that will result in a centralized, state-of-the- art faculty facility built for staff and physician convenience and increased efficiency," says Dr. Lisa E. Harris, Chief Executive Officer and Medical Director of Wishard Health Services. "Duke Realty worked hard to develop a creative, flexible solution that meets our needs. The Fifth Third Faculty Office Building, which will be connected to our newly built hospital, will enable us to continue our long-standing commitment to provide the highest quality healthcare to Indianapolis- area residents."
"The current Wishard Memorial Hospital campus is spread over 17 buildings, many of which were built before World War II," notes Keith Konkoli, a Senior Vice President with Duke Realty. "We are thankful for the opportunity to play a key role in bringing this modern, centralized replacement hospital campus to the Indianapolis area through the development of the new Fifth Third Faculty Office Building."
Browning Investments Inc., another Indianapolis-based developer, also played a key role during the early stages of the Fifth Third FOB project. Duke Realty and Browning have worked together to develop several successful commercial real estate properties in the Indianapolis metro area over the years.
Construction of the Fifth Third FOB is scheduled to be completed December 2013. The architects for the project are St. Louis-based HOK Group Inc. and Indianapolis-based BSA LifeStructures Inc. Duke Realty will serve as construction manager and property manager.
Wishard officials anticipate that the new campus will receive Leadership in Energy and Environmental Design® (LEED) Silver certification, making it one of 10 new hospitals in the United States and the first in Indiana to be certified Silver or higher. Wishard officials say the new 1.2 million-square-foot complex will serve more patients in one-third less space than the current facilities, and it will use half the amount of energy with 12 percent lower operating costs.

About Wishard Health Services

For more than 150 years, Wishard Health Services has served Indiana residents, with a special emphasis on the vulnerable, underserved populations of Marion County. The hospital began a teaching affiliation with Indiana University (IU) School of Medicine in Indianapolis in 1909. Today more than 99 percent of Wishard's physicians are faculty members

Duke Realty Corporation

Phone: 317-808-6000