DCT Industrial Trust Inc. ® (NYSE: DCT), a leading industrial real estate company, today announced it has fully leased DCT Commerce Center at Pan American West, a DCT development project in the Airport West submarket, completed in April 2013. The Company experienced strong tenant demand, with 82 percent of the project pre-leased prior to the completion of construction. In the second quarter of 2013, the Company signed two leases for the remaining square footage, bringing the 334,000 square foot, two-building project to 100 percent leased.
“We are very pleased with the success of our DCT Commerce Center development,” said Todd Watson, Regional Vice President DCT Industrial. “Having both buildings 100 percent leased demonstrates the strength of DCT’s development program, and how strong the current demand is for modern, Class A buildings in this market.”
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, 2013, the Company owned interests in approximately 74.5 million square feet of properties leased to approximately 880 customers, including 14.2 million square feet operated on behalf of four institutional capital management partners. Additional information is available at www.dctindustrial.com. Click here to subscribe to Mobile Alerts for DCT Industrial