DCT Industrial Trust
DCT Industrial Trust was a Denver-based, NYSE-listed industrial REIT that owned, developed, acquired and leased high-quality bulk distribution properties for logistics and distribution companies, operating from 2002 until its August 2018 acquisition by Prologis, Inc.
- Company typePrivate
- Founded2002
- HeadquartersDenver, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What DCT Industrial Trust does
DCT Industrial Trust was a U.S.-based industrial real estate investment trust that owned, operated, developed and leased bulk distribution assets in logistics markets. The company operated as a single-purpose industrial REIT with a horizontal focus on logistics and distribution customers requiring high-quality warehouse and distribution facilities. Its core offering was the ownership and leasing of distribution properties, with functions spanning acquisition, development and ongoing asset management for tenants in the supply chain and logistics sector.
Founded in 2002 and headquartered in Denver, Colorado, DCT was listed on the NYSE under the ticker DCT and built a 16-year operating history in industrial real estate before its acquisition. The company employed 51-100 staff and operated from a Denver base. Its revenue model, consistent with REIT structures, was the leasing of owned industrial properties to logistics and distribution tenants, with pricing tied to property-level lease terms, square footage, and prevailing market conditions.
The defining corporate event was the April 2018 announcement and August 22, 2018 closing of DCT's acquisition by Prologis, Inc., the global leader in logistics real estate. Following completion of the transaction, DCT became part of Prologis and the DCT corporate website was decommissioned. No additional product, technology, customer segment, or geographic expansion signals are documented in the source material beyond this acquisition event.
DCT Industrial Trust firmographics
Firmographics- Name
- DCT Industrial Trust
- Legal name
- DCT Industrial Trust
- Website
- https://dctindustrial.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- DCT Industrial Trust was a Denver-based, NYSE-listed industrial REIT that owned, developed, acquired and leased high-quality bulk distribution properties for logistics and distribution companies, operating from 2002 until its August 2018 acquisition by Prologis, Inc.
- Ownership category
- akta.pro rank
DCT Industrial Trust industry classification
Industry- Product category
- Industrial Real Estate
- NAICS
- General Warehousing and Storage (49311)
- SIC
- Real Estate Investment Trusts (6798)
- akta.pro primary industry
- Regional Hub / National Hub Distribution Centers (Multi-node Network Hubs) (TLALAEAN)
Keywords
Where DCT Industrial Trust is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Markets served
DCT Industrial Trust business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Others
DCT Industrial Trust product offering
Product offeringCore offering
DCT Industrial Trust was an industrial real estate company that owned, operated, acquired, and developed bulk distribution and warehouse facilities in U.S. logistics markets. The company leased high-quality distribution assets to logistics and distribution companies, operating as a publicly traded REIT for approximately 16 years before being acquired by Prologis, Inc. in August 2018.
Product overview
DCT Industrial Trust was a single-purpose industrial real estate company offering integrated services for the ownership, development, acquisition, and leasing of distribution assets. The company operated as a unified real estate services offering rather than a platform with modular products. Following its acquisition by Prologis in August 2018, the company ceased independent operations and the website was decommissioned.
Differentiator
Problem solved
Functional benefit
Products and services
- DCT Industrial Trust - Industrial Distribution Properties
Companies that use DCT Industrial Trust
Customer profileSegments1 record
Ideal customer profiles1 record
DCT Industrial Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DCT Industrial Trust partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
DCT Industrial Trust competitors and assessment
Company assessmentDirect peers
- Rexford Industrial Realty: Rexford Industrial is a publicly traded REIT focused on industrial properties in Southern California's infill logistics markets. Its concentration on high-quality distribution assets serving last-mile and logistics tenants is comparable to DCT's profile.
- Liberty Property Trust: Liberty Property Trust was a publicly traded REIT with a substantial industrial portfolio of bulk distribution and warehouse properties, directly competing with DCT for institutional logistics tenants before being acquired by Prologis in 2020.
- EastGroup Properties: EastGroup Properties is a publicly traded REIT specializing in industrial properties, particularly bulk distribution and warehouse facilities in Sunbelt markets. It directly competes with DCT in the institutional industrial leasing market with a similar multi-tenant logistics strategy.
- First Industrial Realty Trust: First Industrial is a publicly traded REIT focused on industrial real estate, including bulk distribution and warehouse logistics facilities across the U.S. Its target customer base, asset class focus, and operating model closely align with DCT's prior standing.
- Duke Realty Corporation: Duke Realty was a large publicly traded industrial REIT focused on bulk distribution and logistics properties across the U.S. It operated in the same sub-sector and customer base as DCT, competing directly for institutional logistics tenants and pursuing a similar publicly traded REIT strategy (later acquired by Prologis in 2022).
- STAG Industrial: STAG Industrial is a publicly traded REIT that owns and operates a large portfolio of industrial properties, with a focus on single-tenant distribution and warehouse facilities. Its asset strategy and tenant profile overlap materially with DCT's bulk distribution focus.
- Prologis, Inc. Prologis is the global leader in logistics real estate and acquired DCT in 2018. It operates a multi-national portfolio of high-quality distribution facilities serving the same institutional logistics tenant base, making it the closest direct peer and ultimate acquirer of DCT's platform.
- PS Business Parks: PS Business Parks operated a portfolio of industrial and flex properties serving business tenants. While more flex-oriented, it competed with DCT in select industrial sub-markets with similar distribution-oriented assets.
- Terreno Realty Corporation: Terreno Realty is a publicly traded REIT focused on industrial real estate in six major coastal U.S. markets. Its narrow specialization in distribution and warehouse assets serving logistics tenants closely mirrors DCT's business strategy.
Broad incumbents
- Americold Realty Trust: Americold is the largest publicly traded REIT focused on temperature-controlled (cold storage) warehouses serving the food supply chain. While operating in a different storage sub-segment, it is comparable as a specialized industrial REIT serving logistics tenants and was active in the same broader sector as DCT.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key highlights5 records
Customer concentration
DCT Industrial Trust social profiles
Digital presenceDCT Industrial Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
DCT Industrial Trust leadership team
Management profileNumber of profiles
DCT Industrial Trust funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DCT Industrial Trust M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DCT Industrial Trust
What does DCT Industrial Trust do?
DCT Industrial Trust was an industrial real estate company that owned, operated, acquired, and developed bulk distribution and warehouse facilities in U.S. logistics markets. The company leased high-quality distribution assets to logistics and distribution companies, operating as a publicly traded REIT for approximately 16 years before being acquired by Prologis, Inc. in August 2018.
When was DCT Industrial Trust founded?
DCT Industrial Trust was founded in 2002. It employs 51 to 100 people.
Where is DCT Industrial Trust based?
DCT Industrial Trust is headquartered in Denver, United States, in the North America region.
Who are DCT Industrial Trust's main competitors?
Direct peers on record are Rexford Industrial Realty, Liberty Property Trust, EastGroup Properties, First Industrial Realty Trust, Duke Realty Corporation, STAG Industrial, Prologis, Inc., PS Business Parks and Terreno Realty Corporation. Americold Realty Trust is listed as a broad incumbent.
Does DCT Industrial Trust have an API?
No public API is recorded for DCT Industrial Trust.
What industry is DCT Industrial Trust in?
DCT Industrial Trust's product category is Industrial Real Estate. Its primary akta.pro industry code is TLALAEAN, Regional Hub / National Hub Distribution Centers (Multi-node Network Hubs). Its NAICS code is 49311 and its SIC code is 6798.