DCT Industrial Trust® Leases DCT Northwest 8 Distribution Center in Houston
DCT Industrial Trust®Leases DCT Northwest 8 Distribution Center in Houston
HOUSTON--(BUSINESS WIRE)-- DCT Industrial Trust Inc.® (NYS: DCT) , a leading industrial real estate company, today announced the signing of a long-term lease for all of its DCT Northwest 8 Distribution Center located in the Northwest submarket of Houston. The 267,000 square foot lease, commencing in March, is with a leading third-party logistics company.
"We are very pleased to be able to provide a state-of-the-art, Class A building that meets our customer's current needs while also accommodating its growing business. The lease represents a continuation of an excellent partnership with one of DCT Industrial's multi-market customers," said Justin E. Bennett, Regional Vice President for DCT Industrial. "The property was highly sought after as one of the last remaining bulk-industrial sites in the heart of the Northwest submarket."
DCT Industrial was represented by Kit Dolan of Proterra Properties and Will Hedges of DCT Industrial Trust and the tenant was represented by David Albert and Glynn Mireles of CBRE.
For investment, development and leasing information on DCT Industrial's properties in the Houston market, please contact Justin E. Bennett at 832-204-4455 or at jbennett@dctindustrial.com.
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 September 30, 2012, the Company owned interests in approximately 75.2 million square feet of properties leased to approximately 840 customers, including 16.7 million square feet operated on behalf of five institutional capital management partners. Additional information is available at www.dctindustrial.com.
DCT Industrial Trust Inc.
Media and Investor Contact:
Melissa Sachs, 303-597-2400
VP, Corporate Communications & Investor Relations
investorrelations@dctindustrial.com
KEYWORDS: United States North America Texas
INDUSTRY KEYWORDS:
The article DCT Industrial Trust® Leases DCT Northwest 8 Distribution Center in Houston originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
