Industrial REIT DCT Seeing Strength Across Portfolio

Phil Hawkins, president and CEO of DCT Industrial Trust (NYSE: DCT), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

DCT acquires, develops, leases and manages bulk distribution and light industrial properties located in high-volume markets in the United States.

While e-commerce is a major driver of the company’s fundamentals, Hawkins said demand “across all industry verticals is good…frankly, it’s never been better in my career.”

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Fundamentally Speaking: Construction Activity Rising Across U.S.

In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s vice president for research and industry information, looked at the increase in commercial construction activity and its impact on the real estate market.

Schnure observed that an increase in commercial construction has been evident “across the board,” with third quarter commercial construction spending 16 percent higher than a year ago.

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