DCT Industrial Trust Inc.® Acquires a Three Building Portfolio in Phoenix
DCT Industrial TrustInc.®Acquires a Three Building Portfolio in Phoenix
DENVER--(BUSINESS WIRE)-- DCT Industrial Trust Inc.® (NYS: DCT) , a leading industrial real estate company, today announced it has acquired a three building portfolio totaling 308,000 square feet in the Tempe/Airport submarket of Phoenix. The 100 percent occupied portfolio consists of three modern, Class-A buildings that are ideally located with easy access to major transportation systems and Sky Harbor International Airport.
"We are excited to add these exceptional buildings to our portfolio," said Mark Bowen, Regional Vice President DCT Industrial. "Located in one of the highest-barrier-to-entry submarkets of Phoenix these high-quality buildings reflect DCT's continued effort to improve the quality our portfolio."
This acquisition brings DCT Industrial's Phoenix portfolio to 2.1 million square feet.
About DCT Industrial Trust Inc.®
DCT Industrial Trust Inc. is a leading industrial real estate company specializing in the acquisition, development, leasing and management of bulk distribution and light industrial properties in high-volume distribution markets in the U.S. and Mexico. As of June 30, 2013, the Company owned interests in approximately 74.9 million square feet of properties leased to approximately 870 customers, including 12.3 million square feet operated on behalf of four institutional capital management partners. Additional information is available at www.dctindustrial.com.
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DCT Industrial Trust Inc.
Melissa Sachs, 303-597-2400
KEYWORDS: United States North America Arizona Colorado
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