DCT Industrial Trust(R) Leases 325,000 Square Feet in Nashville Market
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Mon, 02 Nov 2009 13:03:48 GMT |
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DCT Industrial Trust |
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DENVER, Nov. 2 CO-DCT-Industrial
DENVER, Nov. 2 /PRNewswire-FirstCall/ -- DCT Industrial Trust® (NYSE: DCT), a leading industrial real estate investment trust, today announced that it has leased an entire 325,000 square foot bulk distribution building in Mt. Juliet, Tenn. to OHL, a leading provider of supply chain management and logistics solutions for companies worldwide.
"Working with DCT enabled us to quickly expand into Wilson County," commented Bob Spieth, President of Contract Logistics for OHL. "The Nashville metropolitan area is a key region for our business and the building provides an ideal layout and infrastructure for our customers' needs."
"We are very pleased to expand our relationship with OHL," said John Tugman, Vice President and Regional Director of Leasing for DCT Industrial. "They occupy 1.1 million square feet across five markets within the DCT network of properties." OHL manages 32 million square feet of space throughout the world.
Randy Wolcott of ProVenture represented the tenant in the transaction and Doug McDowell and Jeb Atkinson of ProVenture represented DCT Industrial.
About DCT Industrial Trust
DCT Industrial Trust 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 September 30, 2009, the Company owned, managed or had under development 76.2 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. Additional information is available at www.dctindustrial.com.
About OHL
Based in Tennessee, OHL is one of the largest 3PLs in the world, providing integrated global supply chain management solutions including transportation, warehousing, customs brokerage, freight forwarding and import and export consulting services. With three business units--Global Freight Management and Logistics, Contract Logistics and North America Transportation--OHL operates more than 120 value-added distribution centers, offers comprehensive transportation management services, employs nearly 6,000, and has offices worldwide. OHL has expertise in direct to consumer fulfillment, serves a wide range of business sectors from specialty retail to manufacturing, and specializes in the apparel, electronics, printing, food and beverage, and consumer packaged goods industries.
For more information about OHL, please call (877) 401-6400 or visit us online at www.ohl.com.
SOURCE DCT Industrial Trust
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