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First Industrial Realty Trust Declares Common And Preferred Stock Dividends

 First Industrial Realty Trust Declares Common And Preferred Stock Dividends

PR Newswire

CHICAGO, May 9, 2013

CHICAGO, May 9, 2013 /PRNewswire/ --First Industrial Realty Trust, Inc.
(NYSE: FR), a leading owner and operator of industrial real estate and
provider of supply chain solutions, today announced that its board of
directors declared a common stock dividend of $0.085 per share/unit for the
quarter ending June 30, 2013 payable on July 15, 2013 to stockholders of
record on June 28, 2013.

(Logo: http://photos.prnewswire.com/prnh/20040106/FRLOGO)

The board of directors also declared a dividend of $0.45313 per depositary
share on its 7.25% Series K Cumulative Redeemable Preferred Stock (NYSE:
FR-PrK) for the quarter ending June 30, 2013 payable on July 1, 2013 to
stockholders of record on June 14, 2013.

About First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading owner and operator
of industrial real estate and provider of supply chain solutions to
multinational corporations and regional customers. Across major markets in
North America, our local market experts manage, lease, buy, (re)develop, and
sell bulk and regional distribution centers, light industrial, and other
industrial facility types. We have a track record of industry leading
customer service, and in total, we own, manage and have under development
approximately 67.3 million square feet of industrial space as of March 31,
2013. For more information, please visit us at www.firstindustrial.com. We
post or otherwise make available on this website from time to time information
that may be of interest to investors.

Forward-Looking Information

This press release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, and Section 21E of the
Securities Exchange Act of 1934. We intend for such forward-looking statements
to be covered by the safe harbor provisions for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995 and are
including this statement for purposes of complying with those safe harbor
provisions. Forward-looking statements, which are based on certain assumptions
and describe future plans, strategies and expectations of the Company, are
generally identifiable by use of the words "believe," "expect," "intend,"
"plan," "anticipate," "estimate," "project," "seek," "target," "potential,"
"focus," "may," "should" or similar expressions. Our ability to predict
results or the actual effect of future plans or strategies is inherently
uncertain. Factors which could have a materially adverse effect on our
operations and future prospects include, but are not limited to: changes in
national, international, regional and local economic conditions generally and
real estate markets specifically; changes in legislation/regulation (including
changes to laws governing the taxation of real estate investment trusts) and
actions of regulatory authorities (including the Internal Revenue Service);
our ability to qualify and maintain our status as a real estate investment
trust; the availability and attractiveness of financing (including both public
and private capital) to us and to our potential counterparties; the
availability and attractiveness of terms of additional debt repurchases;
interest rates; our credit agency ratings; our ability to comply with
applicable financial covenants; competition; changes in supply and demand for
industrial properties (including land, the supply and demand for which is
inherently more volatile than other types of industrial property) in the
Company's current and proposed market areas; difficulties in consummating
acquisitions and dispositions; risks related to our investments in properties
through joint ventures; environmental liabilities; slippages in development or
lease-up schedules; tenant creditworthiness; higher-than-expected costs;
changes in asset valuations and related impairment charges; changes in general
accounting principles, policies and guidelines applicable to real estate
investment trusts; international business risks; and those additional factors
described under the heading "Risk Factors" and elsewhere in the Company's
annual report on Form 10-K for the year ended December 31, 2012 and in the
Company's subsequent '34 Act reports. We caution you not to place undue
reliance on forward-looking statements, which reflect our outlook only and
speak only as of the date of this press release or the dates indicated in the
statements. We assume no obligation to update or supplement forward-looking
statements. For further information on these and other factors that could
impact the Company and the statements contained herein, reference should be
made to the Company's filings with the Securities and Exchange Commission.

SOURCE First Industrial Realty Trust, Inc.

Contact: Art Harmon, Senior Director, Investor Relations and Corporate
Communications, 312-344-4320
 
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