Frank Petkunas Joins DCT Industrial Trust® as Regional Vice President, Northeast Region
November 06 2014 - 4:10PM
Business Wire
DCT Industrial Trust® (NYSE: DCT), a leading industrial real
estate company, today announced that Frank Petkunas has joined the
Company as Regional Vice President, Northeast Region. In his role,
Frank will be responsible for overseeing all real estate operating
and capital deployment activities in the New Jersey and
Pennsylvania markets, where DCT Industrial owns 24 buildings
totaling over 4.2 million square feet with an additional 426,000
square feet in development.
Frank joins DCT Industrial with nearly 25 years of real estate
experience, including most recently as Senior Vice President,
Regional Officer with a leading real estate developer and operator.
Frank’s tenure in real estate has included various roles in
development, acquisitions, asset management and finance. During his
career, Frank has sponsored approximately $1 billion in acquisition
and development transactions.
“We are pleased to welcome Frank to the DCT team. He is a proven
leader in the industry with a successful track record of sourcing
opportunities and creating long-term value,” said Mike Ruen,
Managing Director, East Region, DCT Industrial. “We are fortunate
to have Frank join us and he will be a great addition to the
Company.”
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,
2014, the Company owned interests in approximately 74.3 million
square feet of properties leased to approximately 900 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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DCT Industrial TrustMelissa Sachs,
303-597-2400investorrelations@dctindustrial.com
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