DCT Launches 1.3 Million Square Foot Development in Southern California

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During 2012, DCT purchased approximately 56 acres of land with a prime I-10 freeway location in the Inland Empire West submarket in Southern California. Through its relationships with county officials, and by demonstrating how the project would create jobs and bring new infrastructure and roadway improvements into the unincorporated, underserved area, DCT’s local team gained government approval to upsize development to allow 1.3 million square feet of Class-A buildings.

Capitalizing on this momentum the team was able to pre-lease 100% of Slover Logistics Center I – a 652,000 square foot, Class-A, crossdock distribution building – and began construction in December 2012 with an estimated Q3 2013 completion. Construction on Slover Logistics Center II, a Class-A cross-dock distribution building of approximately 600,000 square feet, is expected to be completed in Q1 2014, with the building already generating significant tenant interest.

By leveraging its reputation and experience, DCT was able to substantially strengthen its development platform in the attractive Southern California market.