DCT Industrial Trust Acquires Five-Building Industrial Park Totaling 691,000 Square Feet in Denver

DCT Industrial Trust®

, 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. "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."