DCT Industrial Trust® Prices Public Offering of 13,500,000 Common Shares

DCT Industrial Trust® (NYSE: DCT), a leading industrial real estate company, announced today that it priced an underwritten public offering of 13,500,000 common shares for expected gross proceeds of $113,670,000 before underwriting discounts and commissions and estimated offering expenses payable by the Company. Subject to customary conditions, the offering is expected to close on November 7, 2014. The Company has also granted the underwriter an option to purchase up to 2,025,000 additional shares.

Wells Fargo Securities is serving as the sole underwriter of the offering.

The Company intends to use the net proceeds received from this offering for the repayment of amounts outstanding under its senior unsecured revolving credit facility, future acquisitions and development activities and for general corporate purposes. The offering will be made pursuant to a prospectus supplement to the Company’s prospectus, dated November 3, 2014, filed as part of the Company’s effective shelf registration statement relating to these securities.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Copies of the prospectus supplement and accompanying prospectus relating to these securities may be obtained, when available, by contacting: Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, by calling (800) 326-5897 or by e-mailing cmclientsupport@wellsfargo.com.

About DCT Industrial Trust®

DCT Industrial Trust is a leading industrial real estate company specializing in the acquisition, development, leasing and management of bulk distribution and light industrial properties in high-volume distribution markets in the U.S. As of September 30, 2014, the Company owned interests in approximately 74.3 million square feet of properties leased to approximately 900 customers. DCT maintains a Baa2 rating from Moody’s Investors Service and a BBB- from Standard & Poor’s Rating Services.


DCT Industrial Trust
Melissa Sachs, +1-303-597-2400

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