SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 2, 2005
DIVIDEND CAPITAL TRUST INC.
(Exact name of small business issuer as specified in its charter)
Maryland | 000-50724 | 82-0538520 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File No.) |
(I.R.S. Employer Identification No.) |
518 17th Street, Suite 1700
Denver, CO 80202
(Address of principal executive offices)
(303) 228-2200
(Registrant's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Item 2.01 Acquisition or Disposition of Assets
Purchase of Technicolor II Distribution Facility. Pursuant to the Form 8-K we filed on December 29, 2004, with regards to the entry into a material definitive agreement, on February 2, 2005, we acquired a fee interest in one bulk distribution facility comprising 806,000 square feet that is 100% occupied and is located in Memphis, Tennessee. The total estimated cost of this building was $30.7 million (which includes an acquisition fee of $302,000 that is payable to Dividend Capital Advisors LLC, our advisor), which was paid from net proceeds from our public offering and debt proceeds.
Technicolor II was acquired from the following unaffiliated third parties: Malone Road 850 CP, LLC, Malone Road 850 JR, LLC, Malone Road 850 DM, LLC and Panattoni Holdings, Inc. The purchase price was determined through negotiations between the sellers and our advisor. The total cost of this acquisition may increase by additional costs which have not yet been finally determined. We expect any additional costs to be immaterial.
Item 9.01 Financial Statements and Exhibits
To be filed by amendment. Pursuant to Item 9.01 of Form 8-K, the registrant hereby undertakes to file financial statements filed in response to this item on an amendment to the Current Report on Form 8-K within 75 days from the date of acquisition.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
DIVIDEND CAPITAL TRUST INC. |
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February 4, 2005 |
By: |
/s/ EVAN H. ZUCKER Evan H. Zucker Chief Executive Officer |