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DCT Industrial Trust

DCT Industrial Trust (NYSE: DCT) invests in commercial real estate properties, consisting primarily of high-quality, generic distribution warehouses and light industrial properties leased to creditworthy corporate customers.

Company Description

DCT Industrial Trust Inc. is an 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, 2009, the Company owned, managed or had under development approximately 75.9 million square feet of assets leased to approximately 850 customers, including 14.6 million square feet managed on behalf of three institutional joint venture partners, and had 7.7 million square feet under development. Their portfolio primarily consists of high-quality, generic bulk distribution warehouses and light industrial properties. They own their properties through their operating partnership and its subsidiaries. DCT Industrial Trust Inc. is the sole general partner and owned approximately 85% of the outstanding equity interests of the operating partnership as of March 31, 2009. They acquired their first property in June 2003 and their portfolio consists of 373 consolidated operating properties as of March 31, 2009.

Source: DCT Industrial Trust, Inc. May 11th, 2009 10-Q

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