DCT Industrial Trust® (NYSE: DCT), a leading industrial real estate company, announced today the acquisition of Airport Distribution Center, a five-building industrial park totaling 691,000 square feet in the I-70/Northeast submarket of Denver. The Class A buildings are 97 percent leased.
For leasing information on DCT Industrial's properties and investment opportunities in the Denver market, please contact Mark Bowen at firstname.lastname@example.org or 303-226-9895.(Photo: Business Wire)"The acquisition of these assets offers DCT an excellent opportunity to expand our presence within the desirable I-70/Northeast submarket, known for its strong tenant demand and easy access to major interstates and Denver International Airport," said Mark Bowen, Senior Vice President, DCT Industrial. "We are very excited to be adding to our existing Denver portfolio at a time when the market is experiencing record-low vacancies and very strong rental-rate growth." For leasing information on DCT Industrial's properties and investment opportunities in the Denver market, please contact Mark Bowen at email@example.com or 303-226-9895. About DCT Industrial Trust® DCT Industrial 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. As of December 31, 2014, the Company owned interests in approximately 72.3 million square feet of properties leased to approximately 900 customers. DCT maintains a Baa2 rating from Moody's Investors Service and a BBB- from Standard & Poor's Rating Services. Additional information is available at www.dctindustrial.com. Click here to subscribe to Mobile Alerts for DCT Industrial