DCT Industrial Trust Inc.® Acquires Orlando Portfolio

DCT Industrial Trust Inc. ^® (NYSE: DCT), a leading industrial real estate company, today announced it has acquired a three-building portfolio in Orlando totaling 421,000 square feet.

The portfolio is located in the Southwest submarket of Orlando, a regional distribution hub for many retailers and suppliers. This submarket is known for its historically low vacancy and close proximity to major interstates. The buildings were acquired for $17.0 million or $40.52 per square foot, approximately 25-30 percent below replacement cost. The buildings are 61 percent occupied and as a result, have an estimated year-one cash yield of 3.3 percent. Given the strength of the market and current activity, DCT Industrial expects to earn a yield of approximately 7.8 percent when stabilized.

"Through an off-market transaction, we were able to acquire this large portfolio in one of the best submarkets in Orlando – increasing our presence in this important market,” said Todd Watson, Vice President Regional Market Representative, DCT Industrial.

The portfolio consists of three bulk-distribution facilities, 6855 Presidents Drive, 2105 Viscount Row and 2126 West Landstreet. The square footage of the buildings is 212,000, 115,000 and 94,000, respectively. This acquisition brings DCT Industrial’s total consolidated Orlando portfolio to 1.9 million square feet.

For leasing information on DCT Industrial’s properties in the Orlando market, please contact Todd Watson at 407-816-8400 or twatson@dctindustrial.com.

About DCT Industrial Trust Inc. ®

DCT Industrial Trust Inc. is a leading 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 June 30, 2011, the Company owned interests in, managed or had under development approximately 77.8 million square feet of properties leased to more than 860 customers, including 14.6 million square feet managed on behalf of three institutional joint venture partners. Additional information is available at www.dctindustrial.com.