Duke Realty : Delivers Industry’s First Smart Building in Southern California

INDIANAPOLIS - August 10, 2022 - Duke Realty Corporation (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces the completion of the industry's first Smart Building. The Smart Building program allows tenants to incorporate intelligent and sustainable features in the development design process. The completed building, a 529,866-square-foot at 13131 Los Angeles Street in Irwindale, California, has a building automation system (BAS), smart metering system, solar panels and high efficiency air conditioning units. This new Smart Building will reduce greenhouse gas emissions by 800,000 kg CO2e (carbon dioxide equivalent) per year when compared to an air-conditioned warehouse powered by traditional electrical energy sources.

"Duke Realty has been an industry leader in sustainable building practices and our pledge to achieving carbon neutrality," said Megan Basore, Duke Realty's vice president of Corporate Responsibility. "This first of its kind facility proves our commitment and allows us to work closely with our customers to limit our impact on the communities we serve."

Smart Building features include:

• BAS allows tenants to access and operate the temperature controls in the office and lighting throughout the building remotely.
• The smart metering system helps collect energy consumption and power quality information from the lighting and mechanical systems.
• Dock sensing devices collect data on dock operations including loading and unloading times, truck positioning, dock locking safety and weight of loads going in and out of the facility.
• LED lighting monitoring sensors not only monitor building lighting use but can determine when daylight can supplement internal lighting, adjusting for brightness and helping to limit and optimize energy use.
• Solar panels allow for the reuse of solar energy at optimal times to reduce peak energy demand charges and operational expenses.
• Warehouse insulation and air flow solutions such as industrial fans and gravity vents minimize the need for external cooling and heating and improve the air quality.
• Employee focused amenities such as food truck outlets and a garden were incorporated to provide healthy and safe work environments.

"Duke Realty values our tenant relationships, and they too are working toward limiting their environmental impact," said Nancy Shultz, Duke Realty's West Region president. "By partnering with tenants in the design process, we can implement the features and systems that help us share information, ideas and results. Ultimately, we all want to save money and limit our carbon footprint - this helps us achieve both."

Duke Realty's Smart Building was designed by an in-house committee comprised of Duke Realty associates from various departments including construction, leasing and development, property management and financial services. The project was started in March 2020 during the height of the pandemic and was approved for development within a six-month period.