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chi-DCT-Elgin-Hero A well-leased industrial property in northwest suburban Elgin, IL, that DCT Industrial bought in 2013.

CHICAGO—As reported in GlobeSt.com, Prologis will acquire its rival industrial REIT DCT Industrial Trust in a stock-for-stock deal for $8.4 billion. Experts say the deal, which boards of directors for both companies have approved, will help Prologis acquire land in the nation’s top markets as e-commerce activity pushes up industrial demand to historic levels.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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