DCT Industrial Trust announced significant expansion and progress in the Houston market. The Company purchased an 11 acre land parcel in the Northwest submarket of Houston. Located along the Sam Houston Parkway, the site has prime Beltway 8 frontage and is well-suited to attract customers requiring high visibility from the highway. The Company plans to commence construction in the first quarter of 2013 on DCT Beltway Tanner Business Park, a 133,000 square foot, rear-load, light-industrial facility. The project is scheduled for completion in the Q3.
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