DENVER, April 19, 2011 /PRNewswire/ -- DCT Industrial Trust Inc.® (NYSE: DCT), a leading industrial real estate company, today announced it has fully leased a 231,800 square foot distribution building in the I-20 West submarket of Atlanta. The tenant, Keystone Automotive Industries Inc., is a wholly-owned subsidiary of LKQ Corporation, the largest nationwide provider of aftermarket and recycled collision replacement parts, refurbished collision replacement products, and a leading provider of mechanical replacement parts used to repair light vehicles. The tenant will use the building to expand and relocate its regional storage and distribution operations.
"As Keystone continues to grow, it is important we not only have enough space, but also a modern, functional facility," said John Meyne, Mid Atlanta District Manager, Keystone Automotive. "DCT's ability to look at our current and future needs, along with our national platform, makes them the right partner for Keystone."
This lease brings DCT Industrial's total consolidated Atlanta portfolio of 6.5 million square feet to 93.0% leased.
"We are pleased to welcome Keystone Automotive to our Atlanta portfolio and look forward to continuing to expand our relationship," said Todd Carter, Vice President, Regional Director for DCT Industrial. "DCT's market understanding, quality portfolio of assets and ability to manage tight timelines, allows us to help customers, such as Keystone, complete important transactions efficiently."
Keystone Automotive was represented by Jacob Bobek of Cushman & Wakefield. DCT Industrial was represented by Adam Richards of Resource Real Estate Partners.
For leasing information on DCT Industrial's Atlanta market, please contact Todd Carter at 404-846-6828 or [email protected].
About DCT Industrial Trust Inc. ®
DCT Industrial Trust 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, 2010, the Company owned interest in, managed or had under development approximately 76.3 million square feet of properties leased to more than 840 customers, including 14.6 million square feet managed on behalf of three institutional capital management joint venture partners. Additional information is available at www.dctindustrial.com.
SOURCE DCT Industrial Trust Inc.