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INDIANAPOLIS-Ray Weeks, who spent more than a quarter-century working in every aspect of the company founded by his father, is resigning as vice chairman of Duke-Weeks Realty Corp. “to pursue other interests.” Weeks, who has served as chairman of the National Association of Real Estate Investment Trusts, had been working part-time since January 2000 as chairman of the company’s technology committee, and chairman of office technology consortium.

“It’s hard to say enough about Ray’s contributions over the years to Weeks Corp. and then to Duke-Weeks,” says Duke-Weeks’ Chairman and CEO Tom Hefner. “Ray built an outstanding company in Weeks Corp. and was a very important part of the team that built Duke-Weeks after the merger. Moreover, I think it is accurate to state that without his leadership, Duke-Weeks would not have the quality real estate platforms it has in the Southeast.”

Weeks sits on the boards of the Metro Atlanta Chamber of Commerce, Georgia Chamber of Commerce and Georgia division of Wachovia Bank NA. After Weeks Corp. and Duke Realty Investments merged in July 1999, Weeks was president and COO of the merged company for its first six months before reducing his work load to part-time.

“I believe that we have created a company with legitimate competitive advantages that will continue to produce superior long-term performance,” Weeks says. “Over a career that literally goes back to my childhood, it has been my pleasure to work with a great many quality people in the real estate industry. In my view, the team at Duke-Weeks is the strongest in the REIT industry and I wish the company continued success.”

Duke-Weeks has interests in more than 110 million sf of property across the Midwest and Sunbelt, generating $800 million in annual revenue.

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