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INDIANAPOLIS-After the close of business of Wednesday, Duke Realty Corp. announced that it had received a loan commitment of $125 million in secured financing.

The loan, which will carry a rate of 7.75%, interest only, is set to be secured by industrial and office assets, according to the company’s release on the loan. Company executives say, “Subject to due diligence and other customary conditions, the loan is expected to close in the third quarter of 2009 and will mature in 2019. The proceeds will be primarily used to repay near-term debt.”

Counting this loan, Duke has managed to raise more than $900 million already in 2009. According to the release, the money has been raised through “$575 million of common offering proceeds, $281 million of secured financing and $60 million from asset dispositions.”

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