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BALTIMORE-DCT Industrial Trust has acquired a fully leased bulk distribution facility consisting of two buildings here that total more than 323,000 square feet. The non-traded REIT acquired the facility for $13.8 million, or $43 per square foot–significantly below its estimated replacement cost, DCT said in a prepared statement. It is projected to generate a cash yield of 9.1% in the first year. The company did not return a call to GlobeSt.com in time for publication.

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