First Industrial Realty Trust Announces Offer to Purchase Certain of First Industrial, L.P.'s Outstanding Notes

First Industrial Realty Trust, Inc.

today announced the commencement of a tender offer by its operating partnership, First Industrial, L.P., to purchase for cash up to $100 million aggregate principal amount of First Industrial, L.P.'s outstanding 7.75% Senior Notes due 2032, 7.60% Notes due 2028, 7.15% Notes due 2027 and 6.42% Senior Notes due 2014. The tender offer will expire on April 25, 2012 at 11:59 PM, New York City time, unless extended or earlier terminated. The terms and conditions of the tender offer are set forth in an Offer to Purchase dated March 29, 2012 and related Letter of Transmittal, which together constitute the tender offer.