DENVER—The industrial market here is on fire, and developers have launched a series of projects to satisfy the demand. DCT Industrial Trust, a Denver-based industrial real estate company, has already been quite active, and recently acquired 14.6 acres in the Northeast submarket for the development of DCT Summit Distribution Center, a 168,000 square foot distribution building.
DCT Industrial's Denver team worked with multiple sellers to assemble three land parcels near I-70 and Denver International Airport, providing the necessary space to develop a class A front-loading building.
“Denver's thriving economy and population growth has created one of the strongest distribution markets in the country, creating a greater need for more well-located, state-of-the-art distribution buildings,” says Mark Bowen, senior vice president, DCT Industrial. “DCT Summit Distribution Center is perfectly located to address this need, and is being developed to satisfy the requirements of today's sophisticated tenant.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
