TRACY, CA—DCT Industrial Trust Inc., a leadingindustrial real estate company, has acquired a 750,000square foot bulk distribution building located in theCentral Valley. The modern, class A facility is 100%leased on a long-term basis to a strong-credit tenant andis centrally located with access to Interstate 5 and Highways 580and 205, in Tracy.
“We are excited about the addition of this state-of-the-artasset located in one of the most important submarkets in NorthernCalifornia,” said David Haugen, regional VP, DCTIndustrial. “This acquisition not only adds an excellent buildingto our portfolio but also a high-quality tenant.”
The seller, an affiliate of Transpacific DevelopmentCompany, was represented by JohnHuguenard, international director, and BoMills, managing director, of Jones LangLaSalle.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
