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DCT Industrial Leases 201,000 Square Feet in Florida to DHL Global Forwarding Americas


News provided by

DCT Industrial Trust Inc.

Jul 12, 2010, 08:30 ET

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DENVER, July 12 /PRNewswire-FirstCall/ -- DCT Industrial Trust Inc.® (NYSE: DCT), a leading industrial real estate company, today announced it has signed a lease totaling 201,000 square feet at its Miami International Commerce Center with DHL Global Forwarding Americas, a global leader in the air and ocean freight markets as well as one of the largest freight forwarders in the European overland transportation business.  DHL Global Forwarding will occupy 100% of the facility.

"This lease is significant for DCT Industrial because it not only brings our Miami portfolio to 90% occupied, but also further expands a solid and prosperous relationship with one of our top customers," said Todd Watson, Vice President and Regional Market Representative for the entire Florida market.  "In our continued commitment to meet the needs of our customers, DCT Industrial is pleased to accommodate the relocation and consolidation of DHL Global Forwarding to a centralized facility that provides both distribution and office space."

The building, located at 1801 NW 82nd Avenue in the Airport West submarket, will serve as the headquarters for Global Forwarding and will house 220 employees.  The building interior is LEED certified for its design, construction and operation and is consistent with the customer's GoGreen program to reduce carbon emissions.  Located close to the to Miami International Airport off of the Palmetto Expressway and the Dolphin Expressway, the facility offers direct access to Miami's major cargo hubs.

"This move will be extremely beneficial for our operations because all employees will be located in the same facility," said Hans Toggweiler, CEO DHL Global Forwarding Americas. "It will allow for greater knowledge sharing and collaboration among our employees, and create an environment with increased operations efficiency that will enable us to better serve our customers."

DCT Industrial owns and manages 2.8 million square feet in its total Florida portfolio.  For more information on DCT Industrial's portfolio in Florida, contact Todd Watson at [email protected].  

About DCT Industrial Trust Inc.®

DCT Industrial Trust Inc. (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 March 31, 2010, 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 Inc.

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