DCT Industrial Trust Inc. ® (NYSE: DCT), a leading industrial real estate company, today announced it has acquired two Class A industrial buildings totaling 98,000 square feet in Houston, known as DCT Claymoore Center.
Recently acquired DCT Industrial Claymoore Center in Houston, Tx. (Photo: Business Wire)
Located in the Northwest submarket of Houston, DCT Claymoore Center encompasses a bulk and light industrial facility and is 95.8 percent occupied. The multi-tenant facilities offer direct access and visibility to the Sam Houston Toll Road. They were constructed in 2001 and feature highly-functional rear load and cross dock buildings. This sale was an off-market transaction in a highly-sought-after submarket of Houston.
“DCT Claymoore Center is an excellent addition to our Houston Portfolio and this acquisition represents our continued effort to grow our footprint within the Northwest Submarket of Houston,” said Justin Bennett, Regional Vice President for DCT Industrial Trust. “We are very pleased to acquire these Class A facilities through our existing relationships within the market.”
This acquisition brings DCT Industrial’s Houston portfolio to 3.5 million square feet and 98.1 percent leased.For leasing information on DCT Industrial’s properties in the Houston market, please contact Justin Bennett at 832-204-4455 or firstname.lastname@example.org. 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 March 31, 2012, the Company owned interests in approximately 75.4 million square feet of properties leased to approximately 900 customers, including 17.2 million square feet operated on behalf of five institutional capital management partners. Additional information is available at www.dctindustrial.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50282292&lang=en