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DCT Industrial Trust acquires 3-building portfolio in Phoenix

dctindustrial_ConvertedBy Business Wire

DCT Industrial Trust Inc. ® (NYSE: 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.

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