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DCT Industrial Trust(R) Leases 160,440 Square Feet of Distribution Space in Atlanta
DENVER, March 8 /PRNewswire-FirstCall/ -- DCT Industrial Trust® (NYSE: DCT), a leading industrial real estate owner, operator and developer, today announced a new lease with Woodgrain Distribution for 160,440 square feet of distribution space in Northeast Atlanta, GA. The facility, located at 6280 Best Friend Road, will serve as the regional distribution center for Woodgrain Distribution. Woodgrain Distribution is a leading logistics company dedicated to delivering "best in class" service and millwork products with over 55 years of millwork experience.
"DCT's facility in Atlanta is a high quality, in-fill location ideal for Woodgrain Distribution's Southeast logistics services," said John Tugman, Vice President Market Representative for DCT Industrial. "We built a strong relationship together during negotiations resulting in an agreement meeting Woodgrain's long-term objectives providing them with an improved operating facility."
The lease commences on March 1, 2010 and brings the building occupancy to 100%.
Dave Watson, Darren Ross and Nick Faber of Grubb & Ellis represented DCT Industrial and Tommy Hiles with Bull Realty represented Woodgrain Distribution
About DCT Industrial Trust Inc.
DCT Industrial Trust (NYSE: DCT) is a leading industrial real estate company that owns, operates and develops high-quality bulk distribution and light industrial properties in high-volume distribution markets in the U.S. and Mexico. As of December 31, 2009, the Company owned, managed or had under development 75.4 million square feet of assets leased to approximately 810 customers, including 14.6 million square feet managed on behalf of three institutional joint venture partners. Additional information is available at www.dctindustrial.com.
SOURCE DCT Industrial Trust
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