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)

|                                                                            |  |                                     |          |  
|--------------------------------------------------------------------------- |  | ----------------------------------- | -------- | -
|                                                                            |  | Nine Months EndedSeptember 30, 2009 |         
|Loss from continuing operations, less preferred distributions               |  | $                                   | (346,183 | )
|Preferred distributions                                                     |  |                                     | 55,089   |  
|Interest expense                                                            |  |                                     | 161,746  |  
|                                                                            |  |                                     |          |  
|Earnings before fixed charges                                               |  | $                                   | (129,348 | )
|                                                                            |  |                                     |          |  
|                                                                            | 
|Interest expense                                                            |  | $                                   | 161,746  |  
|Interest costs capitalized                                                  |  |                                     | 21,023   |  
|                                                                            |  |                                     |          |  
|Total fixed charges                                                         |  | $                                   | 182,769  |  
|                                                                            |  |                                     |          |  
|                                                                            | 
|Preferred distributions                                                     |  |                                     | 55,089   |  
|                                                                            |  |                                     |          |  
|Total fixed charges and preferred distributions                             |  | $                                   | 237,858  |  
|                                                                            |  |                                     |          |  
|                                                                            | 
|Ratio of earnings to fixed charges (1)                                      |  |                                     | N/A      |  
|                                                                            |  |                                     |          |  
|                                                                            | 
|Ratio of earnings to combined fixed charges and preferred distributions (2) |  |                                     | N/A      |  
|                                                                            |  |                                     |          |  



|(1) | N/A  The ratio is less than 1.0; deficit of $312.1 million exists for the nine months ended September 30, 2009. The calculation of earnings includes $254.3
million of non-cash depreciation expense and $302.6 million of impairment.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(2) | N/A  The ratio is less than 1.0; deficit of $367.2 million exists for the nine months ended September 30, 2009. The calculation of earnings includes $254.3
million of non-cash depreciation expense and $302.6 million of impairment.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------