DCT Industrial Trust® Appoints Marcus L. Smith to Its Board of Directors
October 02 2017 - 4:10PM
Business Wire
DCT Industrial Trust® (NYSE: DCT), a leading real estate
company, today announced the appointment of Marcus L. Smith to its
Board of Directors, effective October 30, 2017. He will also serve
on the Nominating and Corporate Governance and Audit
Committees.
Mr. Smith was the portfolio manager of the MFS Institutional
International Equity Fund from 2001 until his retirement in April
2017. He also managed the International Concentrated Portfolio from
2007 until his retirement and held a variety of other leadership
roles during his career at MFS. Mr. Smith received an MBA from The
Wharton School of the University of Pennsylvania and a B.S. degree
from the University of Mount Union where he now serves as a
Trustee.
“We are very pleased to welcome Marcus to DCT’s Board of
Directors,” said Tom August, DCT Industrial’s Chairman of the
Board. “The perspective and insights of a very successful and
accomplished investor will be a great addition to the Company and
the Board.”
The appointment of Mr. Smith, an independent director, brings
the number of DCT Industrial Directors to nine.
About DCT Industrial Trust
Inc.®
DCT Industrial is a leading real estate company specializing in
the ownership, development, acquisition, leasing and management of
bulk-distribution and light-industrial properties in high-demand
distribution markets in the United States. DCT’s actively-managed
portfolio is strategically located near population centers and
well-positioned to take advantage of market dynamics. As of June
30, 2017, the Company owned interests in approximately 73.3 million
square feet of properties leased to approximately 860 customers.
DCT 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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version on businesswire.com: http://www.businesswire.com/news/home/20171002006216/en/
DCT Industrial Trust Inc.Melissa Sachs,
303-597-2400investorrelations@dctindustrial.com
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