Large portfolio of industrial real estate in San Antonio is on sales block

Denver-based DCT Industrial could be planning its exit from San Antonio’s industrial market. The real estate investment trust (REIT) has put all of its local industrial assets up for sale. The portfolio spans 15 buildings and roughly 1.3 million square feet of space on the city’s Northeast Side. The overall occupancy rate of that portfolio currently stands at 87 percent, according to the sales offering provided by CB Richard Ellis Inc. (CBRE), which is marketing the assets on behalf of DCT.