DCT Industrial Trust Inc.® Under Contract To Sell Entire Mexico Portfolio

DCT Industrial Trust Inc. ® (NYSE:DCT), a leading industrial real estate company, today announced it has entered into a contract to sell its entire portfolio of Mexico assets to an investment trust of Macquarie Mexican REIT. The agreement provides for a sale price of $82.7 million and is expected to close in the late third or early fourth quarter, 2013. Purchaser has completed due diligence but the transaction remains subject to certain closing conditions.

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.

Copyright Business Wire 2010