DCT Industrial Trust Leases 250,000 Square Feet of Nashville Development

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DENVER, Dec. 19 /PRNewswire-FirstCall/ — DCT Industrial Trust Inc. (NYSE: DCT), a leading industrial real estate investment trust, today announced that it has leased approximately 250,000 square feet of a recently completed development property in Nashville, Tenn. to B&G Foods, Inc.

Logistics Way is a 570,000 square foot state-of-the-art bulk distribution building in the Southeast/Interchange City submarket of Nashville that was developed through a joint venture between DCT Industrial and Logistics Way Investors, LLC. B&G Foods, Inc. manufactures and sells a wide range of high-quality, shelf-stable foods, and plans to use the facility to store and distribute its products.

Greg Theile, Vice President of Distribution for B&G Foods, Inc., commented, “Logistics Way offers us an ideal location along Nashville’s primary distribution corridor, which will enable us to efficiently distribute our products throughout the U.S.”

“We’re very pleased to welcome B&G Foods, Inc. to Logistics Way,” said Mike Ruen, Managing Director of  development for DCT Industrial. “Nashville is an active distribution market with a strong transportation network at the confluence of three major interstates, making it one of our target markets for both development and acquisitions.”

As of September 30, 2007, DCT Industrial owned 2.3 million square feet and had 0.6 million square feet under development in Nashville.

Patrick Brakefield of Charles Hawkins Co./CORFAC International represented B&G Foods, Inc. in the transaction and William Hawkins of Charles Hawkins Co./CORFAC International represented the joint venture between DCT Industrial and Logistics Way Investors, LLC.

About DCT Industrial Trust

DCT Industrial Trust Inc. is a leading real estate company specializing in the ownership, acquisition, development and management of bulk distribution and light industrial properties located in 24 of the highest volume distribution markets in the U.S. and in Mexico. As of September 30, 2007, DCT Industrial Trust owned, managed or had under development 426 properties totaling more than 68 million square feet leased to more than 780 corporate customers. Additional information is available at http://www.dctindustrial.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, which are usually identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” and variations of such words or similar expressions. These forward-looking statements reflect DCT Industrial Trust's current views about its plans, intentions, expectations, strategies and prospects, which are based on the information currently available to DCT Industrial Trust and on assumptions it has made. Although DCT Industrial Trust believes that its plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, DCT Industrial Trust can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond its control including, without limitation: the ability to identify and acquire properties on favorable terms, dependence on tenants' financial condition, the uncertainties of real estate development and acquisition activity, the ability to effectively integrate acquisitions, the costs and availability of financing, the effects of local economic and market conditions, regulatory changes and other risks and uncertainties detailed from time to time in DCT Industrial Trust's filings with the Securities and Exchange Commission. DCT Industrial Trust assumes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE DCT Industrial Trust Inc.

© 2007 PR Newswire. All Rights Reserved.

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