DCT BUYS PHOENIX INDUSTRIAL BUILDING FOR $9M

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PHOENIX — DCT Industrial Trust has acquired a 110,000-square-foot industrial building in Phoenix for $9 million. The building is located at 3405-3445 S. 5th Street. It is commonly referred to as 5th Street Industrial. JLL’s Mark Detmer and Bo Mills represented both the buyer and the seller, Clarion Partners, in this transaction.

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