DCT Industrial Trust Announces Leasing Activity in Memphis

More than 770,000 Square Feet of Leases Signed

DENVER, CO, PRNewswire-FirstCall/ -- DCT Industrial Trust Inc. (NYSE:DCT), a leading industrial real estate investment trust, has announced significant leasing activity in the Memphis market.

Mallory Alexander International Logistics, a leading third party logistics company, has renewed its lease for 218,000 square feet and expanded into an additional 120,000 square feet to occupy the entire 338,000 square foot building. The lease term is three years.

Neely Mallory, (top right photo) Chairman and Chief Executive Officer of Mallory Alexander International Logistics, commented, "DCT Industrial was able to meet our needs for additional high-quality distribution space. We are pleased that we will be able to grow our Memphis operations without any disruption to our business."

HD Supply Distribution Services renewed its lease for 193,000 square feet and expanded into an additional 91,000 square feet to occupy the entire 284,000 square foot building under a seven year lease term.

DCT Industrial also added a new customer, Quebecor World Logistics, the world's largest distributor of catalogs, publications and newspaper inserts, to a 149,000 square foot bulk distribution facility under a 39 month lease term.

"We are extremely happy with the level of leasing activity that we've seen in Memphis over the past few months," said John Tugman, Vice President and Regional Director of Leasing for DCT Industrial. "Our portfolio of high-quality assets in Memphis enables us to meet the expansion needs of existing customers as well as attract new customers."

DCT Industrial's operating portfolio in Memphis is currently 96.9% leased. The Company owns or manages 5.4 million square feet in Memphis and has one 885,000 square foot building under development.

DCT Industrial Trust Inc. is a leading industrial real estate company that owns, operates and develops high-quality bulk distribution and light industrial properties in high-volume distribution markets in the U.S. and Mexico.

As of March 31, 2008, the Company owned, managed or had under development 76.9 million square feet of assets leased to approximately 850 corporate customers, including 12.1 million square feet managed on behalf of three institutional joint venture partners. Additional information is available at http://www.dctindustrial.com/.

CONTACT: Sara Knapp, Corporate Communications of DCT Industrial TrustInc., +1-303-597-1550, investorrelations@dctindustrial.comWeb site: http://www.dctindustrial.com/