DCT Industrial Trust® Announces Jeffrey F. Phelan Resigns as President

DCT Industrial Trust Inc.® (NYSE: DCT), a leading industrial real estate company, announced today that Jeffrey F. Phelan has resigned from his role as President, effective January 2, 2016. Mr. Phelan has decided to focus on his own investments and developments.

Mr. Phelan will continue to work for the Company as a consultant throughout 2016, working with the Executive Committee and market teams to help evaluate and execute development and value-add opportunities.

“The Company has grown significantly with the assistance of Jeff’s leadership. He has been instrumental in helping build market teams with strong development, value-add and acquisition expertise. As a result, we have great people on the ground operating our business and sourcing excellent development opportunities,” said Phil Hawkins, Chief Executive Officer, DCT Industrial. “Jeff’s leadership will be missed, and we look forward to continuing to work with him in his new consultancy role.”

About DCT Industrial Trust®

DCT Industrial 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, 2015, the Company owned interests in approximately 73.3 million square feet of properties leased to approximately 900 customers. DCT Industrial maintains a Baa2 rating from Moody’s Investors Service and a BBB- from Standard & Poor’s Rating Services. Additional information is available at www.dctindustrial.com.

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DCT Industrial TrustMelissa Sachs, [e-mail]