DCT Industrial Arranges 172,000 Square Feet of Pre-Leases in Houston

HOUSTON — DCT Industrial Trust has arranged three pre-leases totaling 172,000 square feet in its northwest Houston development, DCT Northwest Crossroads Logistics Centre. The leases bring the first phase of the development, a 362,000 square foot, multi-tenant building, to 100 occupancy. In June 2014, the company pre-leased 52 percent of Northwest Crossroads Logistics Centre I through a 190,000 square foot lease with Lennox. The development will be completed in the first quarter of 2015. When finished, DCT Northwest Crossroads Logistics Centre will span 682,000 square feet across two buildings. The company began construction on Phase II, a 320,000-square-foot building, in the third quarter of 2014. Phase II is slated for completion during the second quarter this year.