HOUSTON--DCT Industrial Trust has executed three pre-leases totaling 172,000 square feet in its northwest Houston development, DCT Northwest Crossroads Logistics Centre. The execution of these leases brings the first phase of the development, a 362,000-square-foot, multi-tenant building, to 100 percent pre-leased.

“The population and economic growth of Houston continues to benefit the industrial sector, as 2014 marked a record absorption year, and our newest customers within DCT Northwest Crossroads Logistics Centre are testament to the strong consumptive demand that exists within the market,” Justin E. Bennett, regional vice president of DCT Industrial, told GlobeSt.com.

Last June, the company pre-leased 52 percent of Northwest Crossroads Logistics Centre I through the execution of a 190,000-square-foot lease with Lennox International Inc. The development is expected to deliver in the first quarter of 2015, with tenants taking shortly after that.