DENVER, March 11, 2011 /PRNewswire/ -- DCT Industrial Trust Inc.® (NYSE: DCT), a leading industrial real estate company, today announced it has signed two leases totaling 369,600 square feet for new requirements of an existing customer. The tenant, a subsidiary of the leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, will expand its current relationship with DCT Industrial with the addition of the buildings located in the Atlanta and Dallas markets.
"With our experienced local teams we have been able to not only serve new customers, but also expand our relationships with current customers," said Todd Carter, Vice President, DCT Industrial. "We are committed to meeting the needs of our customers and we are pleased this tenant selected DCT Industrial to expand in multiple locations."
The tenant signed a 188,600-square-foot lease located in McDonough GA. The company will occupy 100% of the building. The building is a modern, cross-dock bulk distribution facility completed in 1995 and features secured 120-foot truck courts, a 28-foot clear height and an ESFR sprinkler system. The building is centrally located with easy access to Interstate 75 and will be used for storage and distribution. Bob Robers of Jones Lang LaSalle represented the tenant, and Mike Chambers and Brad Pope of NAI Brannen Goddard represented DCT Industrial. Todd Carter was the DCT Industrial point of contact for the lease.
Additionally, DCT Industrial was able to serve the tenant's storage and distribution needs in the Dallas market with a 181,000-square-foot lease. The building, located in Grapevine, TX, is managed by DCT Industrial and owned by its institutional capital management joint venture. The Class A distribution space is located close to DFW International Airport, Interstate 635 and Interstate 35. In addition to being in a prime location, the building features a 30-foot clear height, an ESFR sprinkler system and ample trailer storage. Craig Jones of NAI Robert Lynn represented the tenant and Cannon Green of Stream Realty represented DCT Industrial. Art Barkley, Vice President, DCT Industrial, was the company's point of contact for the lease.
For leasing information on DCT Industrial's properties in the Atlanta region, please contact Todd Carter at 404-846-6828 or firstname.lastname@example.org. For leasing information on DCT Industrial's properties in the Dallas region, please contact Art Barkley at 972-982-8550 or email@example.com.
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.