-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RAP5DmF5LBXeAod93njLzFzd+x/IRsSu9eMtAwbO5ajnzIYZ/540NZbnxNsNPlku
 oLgQz3D5rnDrn8xto+sBgg==

<SEC-DOCUMENT>0000950137-08-012921.txt : 20081023
<SEC-HEADER>0000950137-08-012921.hdr.sgml : 20081023
<ACCEPTANCE-DATETIME>20081022202528
ACCESSION NUMBER:		0000950137-08-012921
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20081022
ITEM INFORMATION:		Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20081023
DATE AS OF CHANGE:		20081022

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST INDUSTRIAL REALTY TRUST INC
		CENTRAL INDEX KEY:			0000921825
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				363935116
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13102
		FILM NUMBER:		081136068

	BUSINESS ADDRESS:	
		STREET 1:		311 S WACKER DRIVE
		STREET 2:		SUITE 4000
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3123444300

	MAIL ADDRESS:	
		STREET 1:		150 N WACHER DR
		STREET 2:		SUITE 150
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>c47194e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>








<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>


<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>Current Report<BR>
<BR>
Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<B>October&nbsp;22, 2008 (October&nbsp;22, 2008)<BR>

Date of Report (Date of earliest event reported)</B></DIV>


<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>FIRST INDUSTRIAL REALTY TRUST, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">
(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Maryland</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>1-13102</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>36-3935116</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">incorporation or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<B>311 S. Wacker Drive, Suite&nbsp;4000<BR>

Chicago, Illinois 60606</B><BR>

(Address of principal executive offices, zip code)<BR>

<BR>
<B>(312)&nbsp;344-4300</B><BR>

(Registrant&#146;s telephone number, including area code)</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
Not Applicable<BR>

(Former name or former address, if changed since last report)</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Check the appropriate box below if the Form&nbsp;8-K filing is intended to simultaneously<BR>
satisfy the filing obligation of the registrant under any of the following provisions (see<BR>
General Instruction A.2. below):
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
</TD>
</TR>
</TABLE>
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>









<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">



<!-- link2 "Item&nbsp;5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers." -->

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;5.02</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On October&nbsp;22, 2008, First Industrial Realty Trust, Inc. announced that Michael W. Brennan has
resigned as the Company&#146;s President and Chief Executive Officer and as a member of its Board of
Directors, effective immediately.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ed Tyler, the Company&#146;s Lead Director, has been appointed to serve as interim Chief Executive
Officer. Mr.&nbsp;Tyler, 55, has been a director of the Company since March&nbsp;2000. Mr.&nbsp;Tyler has been
the CEO of Ideapoint Ventures, an early stage venture fund that focuses on nanotechnologies, since
2002. Prior to joining Ideapoint Ventures, Mr.&nbsp;Tyler served as Chief Executive Officer and a
director of Moore Corporation Limited, a provider of data capture, information design, marketing
services, digital communications and print solutions, from 1998 to 2000.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A committee of the Company&#146;s Board of Directors has been formed to conduct the search for a
new Chief Executive Officer.
</DIV>
<!-- link2 "Item&nbsp;7.01. Regulation&nbsp;FD Disclosure." -->

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;7.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Regulation&nbsp;FD Disclosure.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attached and incorporated by reference as Exhibit&nbsp;99.1 is a copy of the Company&#146;s press
release dated October&nbsp;22, 2008, announcing Mr.&nbsp;Brennan&#146;s resignation and the appointment of Mr.
Tyler to serve as interim Chief Executive Officer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information furnished in this report under this Item&nbsp;7.01, including the Exhibit attached
hereto, shall not be deemed &#147;filed&#148; for purposes of Section&nbsp;18 of the Securities Exchange Act of
1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of
1933, except as shall be expressly set forth by specific reference to such filing.
</DIV>
<!-- link2 "Item&nbsp;9.01 Financial Statements and Exhibits." -->

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;9.01</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Financial Statements and Exhibits.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exhibits. The following exhibits are filed herewith:</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" colspan="3" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 5pt"><!-- EI Blank Space -->
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>

<TR valign="bottom">
    <TD colspan="2" align="left" valign="top">99.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">First Industrial Realty Trust, Inc. Press Release dated
October&nbsp;22, 2008 (furnished pursuant to Item&nbsp;7.01).</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<!-- link1 " SIGNATURES" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">SIGNATURES
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 hereunto duly authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">FIRST INDUSTRIAL REALTY TRUST, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">                                        /s/ Scott A. Musil
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Scott A. Musil&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Chief Accounting Officer
<BR>
(Principal Accounting Officer)&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Date: October&nbsp;22, 2008
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>




</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>c47194exv99w1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">EXHIBIT 99.1
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><IMG src="c47194c4719401.gif" alt="(FIRST INDUSTRIAL REALTY TRUST LOGO)">
</DIV>


<DIV align="center" style="font-size: 14pt; margin-top: 18pt"><FONT style="font-variant: SMALL-CAPS"><B>First Industrial Announces Changes To Management Team</B></FONT>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CHICAGO, October&nbsp;22, 2008 &#151; First Industrial Realty Trust, Inc. (NYSE:FR) today announced that its
Board of Directors has approved changes to the Company&#146;s executive management team.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Effective today, Michael W. Brennan has resigned as the Company&#146;s President and Chief Executive
Officer and as a member of the Company&#146;s Board of Directors. A Committee of the Company&#146;s Board of
Directors has been formed to conduct the search for a new Chief Executive Officer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As part of the management change, Ed Tyler, a member of the Company&#146;s Board of Directors, will
assume the role of Lead Director and will serve as interim Chief Executive Officer until the search
for a new Chief Executive Officer has been completed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;On behalf of all of the directors and employees of First Industrial, we thank Mike for his
dedication and leadership and all of the contributions he has made to First Industrial since the
creation of the Company in 1994,&#148; said Jay H. Shidler, Chairman of the Board.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">According to Shidler the decision to seek a new Chief Executive Officer was based on the Board&#146;s
belief that it is the right time to install new leadership to move the Company forward in improving
its performance and achieving its full potential.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;In selecting First Industrial&#146;s next Chief Executive Officer, the Board will focus on candidates
both within and outside the Company,&#148; said Tyler. &#147;We expect that the search will be concluded in
a timely manner and we are focused on selecting a candidate with the right combination of
leadership, vision and commitment to guide the Company to realize its corporate objectives in this
challenging market. First Industrial&#146;s portfolio continues to perform well in a difficult market,
its balance sheet remains strong with one of the industry&#146;s longest weighted average debt maturity
schedules and less than $135&nbsp;million maturing through the end of 2010, and the Company has a
significant amount of capital capacity for investment through its institutional joint ventures.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">First Industrial will discuss these changes in further detail on its third quarter results
conference call scheduled on October&nbsp;30, 2008.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">First Industrial Realty Trust, Inc. (NYSE: FR) provides industrial real estate solutions for every
stage of a customer&#146;s supply chain, no matter how large or complex. Across more than 30 markets in
the United States, Canada, The Netherlands, Belgium, France and Germany, our local market experts
buy, (re)develop, lease, manage and sell industrial properties, including all of the major facility
types &#151; bulk and regional distribution centers, light industrial, manufacturing and R&#038;D/flex. We
continue to receive leading customer service scores from Kingsley Associates, an independent
research firm, and in total, we own, manage and have under development nearly 100&nbsp;million square
feet of industrial space. For more information, please visit us at www.firstindustrial.com.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">&#060; more &#062;
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>This press release contains certain forward-looking statements within the meaning of Section&nbsp;27A of
the Securities Act of 1933, and Section&nbsp;21E of the Securities Exchange Act of 1934. We intend 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 &#147;believe,&#148; &#147;expect,&#148;
&#147;intend,&#148; &#147;anticipate,&#148; &#147;estimate,&#148; &#147;project&#148; 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 affect on our operations and future prospects include, but are not
limited to, changes in: national, international (including trade volume growth), regional and local
economic conditions generally and real estate markets specifically, including as a result of any
potential continuing deterioration in the national and international debt and equity markets,
legislation/regulation (including changes to laws governing the taxation of real estate investment
trusts), our ability to qualify and maintain our status as a real estate investment trust,
availability and attractiveness of financing (including both public and private capital) to us and
to our potential transaction counterparties, interest rate levels, our ability to maintain our
current credit agency ratings, competition, 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&#146;s current and proposed market areas, difficulties in consummating
acquisitions and dispositions, risks related to our investments in properties through joint
ventures, potential environmental liabilities, slippage in development or lease-up schedules,
tenant credit risks, higher-than-expected costs, changes in general accounting principles, policies
and guidelines applicable to real estate investment trusts, risks related to doing business
internationally (including foreign currency exchange risks and risks related to integrating
international properties and operations) and those additional factors described under the heading
&#147;Risk Factors&#148; and elsewhere in the Company&#146;s annual report on </I><I>Form 10-K</I><I> for the year ended
December&nbsp;31, 2007 and in the Company&#146;s subsequent quarterly reports on </I><I>Form 10-Q</I><I>. 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 report 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&#146;s filings with the Securities and Exchange Commission.</I>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="92%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Contact:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Art Harmon<br>
Director, Investor Relations and Corporate Communications<br>
312-344-4320</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">###
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>c47194c4719401.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 c47194c4719401.gif
M1TE&.#EA%@+!`/<```````@("!`0$!@8&"$A(2DI*3$Q,3DY.4)"0D*$(4I*
M2DJ,(4J,*4J,,5)24E*,,5*4,5*4.5I:6EJ4.5J40F-C8VMK:VN<4G-S<W.E
M6G.E8WM[>WNE8WNM8WNM:X2$A(2M:XR,C)24E)R<G)R]A)R]C*6EI:7&E*VM
MK:W&G*W.G+6UM;7.I;V]O<;&QL;>O<[.SL[>O<[>QM;6UM;>QM;GSM;GUM[>
MWM[GUM[OUM[OWN?GY^?OWN?OY^_OY^_O[_?W[_?W]_?_]___]___________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M____________________________________________________________
M_____________________RP`````%@+!```(_@")"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-
MFS@[`I'Q@J?/GD!_"@U*M`:1(#R2*EW*E*F.'PIWP)A*M:I5J`-_5)T1A&"0
M&5:W[G!X8X0%!PH<5!`!H^"-L'"M=LU)MZ[=NW@CVIC0X('?OX`#"Q;<@`,1
M'BE.)%ZLN#'CQT83A@A`N;)ERP!&$'0A@#*``6,'WA@`X++E`0<PM$5XPX(`
M`+!CEU;08J`%T[@M"UB=M[?OW\!AXICP`,*#",>3(U^NO#ESXQZ&]%"<8G%U
MZM:SGXB,\(/L[^!%_FR6+>`&P1L!P*L/@&$NP18$U'\73Z2"_/L`>`??S[^_
M?XO#+2>@<LQ%4."!?H%P6'79,:@=@XIQ=Y!W^,E&GT`NI`>;`*$)=,-K%<9F
M@7M$S$!:A0.X()`%(7X7@'[_Q2CCC/\%B-P$-^;X`([$\;BCCC@^X,&"#EY7
MY)&)V:`0A2U>2(0+Y'5(Q(<MQK;"0$$X`)YGL:4XD`15R@8CC626:29.PQW7
M(Y`W'K<<<1&LF9R"B*6@@F(J5)?G"7G:B2>#$AK$Y&<2%&KHH;4-E&%L')X'
M(FPAM+#""BB$8,!W#@P$@X:P#1`"##>X\,$``5PY4`L?A*#J!Q_$%YL#_JJ&
MD&H(4IYIZZVXIH0#!03^Z&N0/;JIYK!"$ND@=A`>F^22LBGPT*(;2DDE;"\6
M],,!LA6`E0BR!9#H0#-\FQ"VL9F0Z[GHIDM2@+_Z&N>P!N[H+IP/T'E=GWI2
MAZ^=URF9T*#..@0EH](^ZJU!(<@&FD`;R$;`1$%<&IMFZE9L\<43L?MNO$%N
MO#&<]`8Y9)T.WJFLGPX&6A#`ST;I:&P'K^PR$8.6*E'$LE&,\<X\]RP0NW*"
M[*;0\7J<()$F6]=GG_HN^V^SSW+:J&@&PSA#`=G.9<)W`H1@WD,X3^SSV&2G
MJ[&.'\,;M(XC%[DOLLF>X&]W"E=@]]UWF[N9_M0%RV;!JA](<&)L%0RTP^",
M*O!I0V'#IG/9D$<^(]#"PIGVF[\R9V]B;^-K\KXJ$S0H?H7O3?#+50:@XD!;
MRQ<``GHGU'AFDM=N.W\:KPWOQI43V_:Q^S8(X=P35FE!0=`",+6'CX88@D$F
M(`Z>`U@=-/OCMV>O?4XX,)=<<^`7^#UR0DI''7:.\6FD8Z$/-/I]QX]W.M4M
M%H"]:!M@+9\#)'HEL>/;"Z``:;*7P1CP@(!I0`<6=(+T/<:!C6F?0-ZGH0H"
M('Z*XAOJ.D4`Q`5@!-5#R`]68`']?0<%"+G>`%?(PI7\X`4PC*$,9TC#&L*0
M!D?1`0]TL`,=\%"'_C_LX0Z%Z,,0"DHV!W"!$I>XQ*]E<'[,@]D*OH(X##SD
M!R@@%^%2^#_:M?"+8"0;RP2F0?I1:W4U$Q=#KB4;!/1/("H,HQSGB)$>E(`$
M)+AC'O&HQS[R\8][#"0+B(`#0/HQD(<D@0R8%1L%O!$AR5O>E`R6J!^X"C8'
M>.11#I*PV+C1>EV\'QU'24J%U.`!"6"`*E69RE6V<I4,>*4K6:D!(L@`EKC,
M)2X3D`)&PL:19(3B)&'V+6Y9Z"`S4,#J"`*F5W$Q9Z6,IC0/HK%>#0A!"*J7
M+<7'3>?X99!/:Z0F#1+)OE'K6T$PX6><"$<%*.\#,/B!5NPCFP\\4VS3_LRG
M-('&IK7YTU=#DL$_?430>(&3;N(,9K0V&#.!M&Z+!.DDM0A``$YM:`;W!*`^
M-SK*W,%+;<DAFKR0HR`9,"=D`PK9-WT)`&`VI)P,%5<0M`@;4SVI2O;,J!<Y
MRE,P4DYHEML=T=Y5+(%F;EB6"^H##EH\3[9,F.B1S3(%@H+O&``K-W!GA48D
MNU#V]*LM/)M0CTHOWI%TFR%M$\?2NJ,&,/6(3G5("[HE+8NJD0@(^$Y.CS(J
M^=AO(7$$JV"W]U/,O0M8AOT1<8HJI\OI;JD*F8$)4##9NR9D!RB@;&9)%(3,
M3A8%M9K29$=K4X',(`0..$`!#(``"Z#`B-9K_L%G3<#.P=I6<AZ]7$A!6E9M
MFI2MAZV<CM[JFR`8][;(W2>P>F>@Q@Y53@'5'<?4>B.W)O>ZV*7)V9+*5NX:
M[:R_!=)1/V;=[)KWO"JA'.]\--V/0M>6SNTND,HKDQ_L8)SHS:\<<RO2H'J7
M7B4]:6*)MECB$F0$$IC+!Q00.R+\0`)Z"P$"#D!A"+MG!@Z8J@DD@%7!"8``
M&_A!$"1`800H@,('N-(*3ESA;YF`>@5!@0)@]&+8ZO?&DULNVH#:+H_Q)<#C
M]>Z`##P0#`0`*UJJED!V`(`-",0!`;@;U@X0FKDVN&%0^8$!!/"!$3B@`/?]
M0`5*"``)V$U%W*H`_@8P@#5380``(<19Z0;2L-#B^,[^V>YNC=8Q/A_-J.)=
MKUHAFY`-"`#)%#7`7';`Y2<?@"`H>%U7,H1"]QV:"%6-G1$_((""C"``H?G!
M``)FZ!":0``*$`!&W0=J/+LZ1NH-VNY&*J^.,1:DAS5L@16R@0$@&0%SM:*#
M&TT$!R@ZH@"X$I0J/<%+S]7)""GU@5M]%`*0^M)P/(`"=L`>T5'[U>`.3FYW
MC%3=!@G(Y&:3FNA[$&D7VP!$2-B5&)W3U)*(R4ZFM.@:%01W'F!Q!7&W0$8`
M``R$0`0(L!D1!+Z"9-=G>1_X=K@GGI=8`U>DY/->`X#<L?]^E-#1QK:Q_H^2
MZAW\@-C&)M$/`G`\?5L:*S_X@/[:0Q"!$X'@!2`-L.F,;2*<V+0!>-X$)4[Q
MHM-%S^86EE_(]Q<(*!"^W;TXL8C,,%\_&=Z3I![*,_D>`(AGV=Z.,PS<R>R%
M]_SF`9C!X210<VQ#Z0`?V,`&`D``!1/=Z'BOB7H=.[0'7``H1(G!"XSR6\3.
M:\]\H;K9D7QL3`.`T_5^M.$,L+`;-)D@"JB[068``*$S[.P$-\_6=.9N";RN
MQ-C2&Z=MG/?6OR2W(]5M+1<":)2.U+L@/P@&1-YX(K#H\4\N``QF(*J*VA3*
M*`C"#Q(F=!<XH`5!V`&+Q#7W$!)\U0A0-<.._DP$&!3<*P0X=L1;,(/RU];U
MZ->5CH5,K`R0:`@$@7_AW=NFCJ^TT%8O-M<%PL:<@JDSE#%C!+$#[C0`I,%5
M1-`"I#$`G;%7GV=]:0=T_+-XOA>!R'8EWM$9G8$`K)=^'A@22`=4;](`[D=[
M0<5GB84<BA<J<P$6!;$#+1`:X=("+>`"=D8$*Y`J4^5@)I`J8\*"`^@"U0,#
MT#<E+C!I8Q($+6`>H4*#-+B#'QB%(*ACYM8F):@0\V=X!"8ON2>%7LA1L.=Q
MR'&%"0%HZG8YY*-X7[B&=&1QS052#Z`!0D![]'=X;ZB";)B'TQ2"LQ8O9(@0
MM2=?[G5_>EB(;4B%_EM(+W]X$//'=SE"+XJG?$8DB;!U`_US7`0A3_*$)5BA
M?+*CB>XAB06!B4;T`UR1B9IHB*HH$6'8=V_X`!DPAUAX@OYE5KN6$!80?DYB
M`@10``DV@`/@)$1@`BYU%!5`42[E`L)W-:458Q15`#:U`KW(80,A`IDR`P:P
M:B5">0AX+10E;*L8C@SAACXF+(MH$%E8?P(65(JG`!(0`CTG`@0``[7"+0A0
M$)9"(EEU`-K8;VFQ?P?Q`R80`*_%.@/0`@*@,Q\`;S.@9$2``0-P`]K8?050
M`><GCAA)$'RX7LEQC@5AANZ2;K>($`X@`?E3/2(@`&M1$`APC/HA`KVW_B*9
M0A`ST!GZ,0,8,%4UR4Z\&#W,]@&/5I/:.)`.`",(X(`9F90#L7=;2%1R2(>"
M%BSV9U`*D613)0(#@`&/PQDF4`#@2`0B`)`R:1`2$#`#T7!.`@,#,)%5]7WN
M$Y0#H!\M<``+`T<(`&U*F9=$4$`(%!@10(+X100QP'3?\Q>$F4"]E!`.@`!_
M58T%T#^NH5H$@))@1B(5,),$<9FC:(D$`0/:QSK65HPC`!HH4!ZG0GSY01`'
M@)=ZF92[,@$4$`$4`)NP*9NT&9NS&0$<$)@"59NSZ9L3`)RS&9L3H'@.L`&C
MJ8V?1@"_Z&`%$`)49%/+Z21G81`5P'8+H983_MF5)N)Y.V``.8=!-#,`!#"!
M=HF4K2F.08`#[-F>[MF>-O">/+!&[UF?]LF>-M"!4V(>]&@X,.`"O!$$,-""
M3B05+L!.-W!^"<H0`JIR&/46F6@"1?@>R5<0:I>>&)JA&KJA'-JA'OJA(!JB
M(CJB)%JB)GJB*)JB*KJB+-JB+OJB,!JC,CJC-%JC-GJC.)JC.KJC/-JC/OJC
M0!JD0CJD1*I?<Z8]WR$0L-$0-^!Y2@H`#+&D#]&D!R&E!F&E1/`=&W"#50JE
M5+H0X$$17]JE15H14!I`6`H1:9JF9/H0;`JF9_JD'G)!;@JE;]JF%'&G61JG
M91H1?)H]:VJGG>=D_CO0,)W'9+%!$$L*&S"P`0(8;Q;@?6<JI4M:J)""J(LZ
MJ'M*!#O021:`45AJI5+:<`['J9X*JDG*(EE&IXH:IY#B9)0*I99ZJ+*!$)G:
MJ(^Z8H?:IP7QI[<3J'NZ:BS"J9<'K+`1@RTUC`#@`JTCIYLZK/BVJ<$JIQN`
M44SF+*%ZII;G9',%H`!0&]5*K-@JJ`+1<"H")<THJ@"P:K'J>[):K+XZ$)F*
MK,YBKDSFI+P:K[63I)MJI>ZT`;QAK),*I>[DK.WZKP$[L/*JK2M@J-+ZI+%!
M*SXWJ?%S`PV;J=)J><^3,+6BK@LKIPC[L;9*KIM:L+Q:I0(DL)JB50*H_K+]
MJK#2NJ1C]TMMT:YRZGTC@*@/NZF<!VUABK,ZB[$"X4X_P*JM*K(Q"Z4SVU(U
MJZ\O*Z=ZVJ=.&SDN"RY;,ZZ]2K)+:K(V:Z62E:PV^[1BZZSH.K%9"[4D>W.=
M5ZI'ZZQ):[5@Z[1"N[536Z9U6S956V=%>SPNNZ1;XP)S=:8L`H-+JK=T&K9T
MNP,#L[-6JJKVVGD3J[@8:Z62"@"AY;$K8KF!NW"6N[=O>[3M^KBP>K<]2KIC
M4[4_0'!--A;>QYIS>Z8AH$Q2.G86H+.I"QM;VGWP^K%CIP"DRKAQ"B7/HZM"
MU[N_*[.7]Z3BB;24JP"UNZ2WN[JZ.[IG:[.D_BJQ4?NCINNB+'*1'"%])XL1
MV[NBL!&I).$UX7L1XYN^[.L1Z]N^\)L1[QN_])NG*Y2HBGJE(YN]^INEMIJ_
M\NH0\\NOO5J_.#&_&..J2.NV`*RD:NK`*.O`"MP0`]S`!EP7"-PSD^J_`1RO
M?.JJHMK!B[JS'.R_&PRQ;5O"`ZO`'US`)FRG`;RG&7S!%C'#.]/"+IS##7S"
M'`RS?[K!)SS!00S!0OS#+CS"+!S#-'P2-FPQ:]J_5XJ_*@S!/4S%1IS$1US`
M$US%.LS%0&S%2XP237PQ.&S!_SO%:,S#5]S!"TNI60O"^.NK1NS%/5RK86P2
M8^S$9ES"%JS&8,S%_GQLPFR<QED<R(8\QT/,PW?,Q`.TQ8<<P40<PT+\QV9<
MQ)%,QY?<QY*LQ(Z\R"&1Q^@BQ52LQ&_\P=G:KIT<R*:LPEN\PJ0,L:%*R3+L
MR24!RK1,O[9\R_";R[K,OKS<R^'[R\"<K_<KROV[O::<S&T\S)(CS&92Q@EA
MNB&<R3`\RLSL,\Y<)C@\R7%\I],,R-5LR-=\PXT,R4.,QOG;RF"<RN.<P,7\
MS>><RN$\R1+\RNWLSE_DQUYLQYO\QU@LSO=<,=E,)MO<SXI<ROK\SP,=T'>Q
MT#-2T)>LSU!,SX)LS0PMT.^<S$'LRF>,PLOLT1>-SR%]RPX]TC=:TB9=_J,H
MG=(SNM(L':,N_1^B+,<B<=!OW*K*_-&S_-(P$=/]H<YB;-&<[,_]7-$`S=.,
MG+)9#,\YW:\Z?<S1/-$6_<](_1(^O1_ZZL:8C,5:#=`V+<)#_<)#G;95O1)7
M'1Q9;=!13=%I?=1:;<G@'+-ES1)G#1QMC<DX/<^R#,!R6]0)/<A'/=<U7<Y\
MK=8[3,A"#<A2C=AQS<Z"/1)U;==AO=5$7,U=W=9]3<U$7<^)_=B?S$(S[=>K
MK+!P_,HK;,PS?<HX_=2>7<OHE=FM'<K8Q<^0'-NY$MFV[:&XG=L<NMN]@=HW
M+<EL.L<=O=/&?=R\?1.^C1>M7,8*G<(DG,+/_HW.R6T3R^T;7QS!-+W`>OJF
M>DW=U4T3U_W;>YS)8PW86HRR;!W>R@W:Q'W8W#W%:?W#?]W9[-T2XYT7T#S9
MAKW1YYS>FGW?XIW/>[S?=9RH!-S&P\W8^<W>#9X3COS>0&W:"J'.ZRW@,_'@
M$/[$"A[.R*W*%;[:(/WA&.X2&E[BA7CB*)Z'*K[B:]CB+NZ%,![C43CC,I'@
M^RVW'/[4'#WBQLSCZAK+-/[`2JV_SAW55GSDG!W7X,W@4VWCG@SE/:W>\.W6
M2U[(\@S%84W55S[D44K8`([>(6[/$6W/VPW?+`S<7B[`C2S%G4RZ.X[F#/S(
MQUS:U"WE=XSG)A[%_J$MS>7=W"!^Q!XKT:.LYTMLZ'2]V$U>VV=.YU/]Y>!M
MX&M>W$C:Q82>PSE>Y5G>T7X<X9-.P6!NS1ZNV"/.QTG:U/R:X$!NYV3^Z5WL
MZBT-ZR<MZS9ZIET4)KB>Z[J^Z[S>Z[[^Z\`>[,(^[,1>[,9^[,B>[,IN[%@G
MW,O^[-`>[=(^[=1>[=9^[=B>[=$NZ-K>[=[^[>`>[N(^[N1>[O?![>:>[NJ^
M[NS>[N[^[M*.[O`^[_1>[_9^[_B>[?*>[_S>[_[^[P#?[_L>\`1?\`9_\`@/
M[0.?\`S?\`[_\!"_\!`_\11?\1;O[A)_\1J_\1S?\0K/UQ42!#?0`H8:_AL;
ML(1!\.,BGHDP\'O=+!M=D?(5<A`[H+I1^_*JCM``$//J$:E80;@JW^$>/_1$
MO^X9[[7?H8U!7^I84O*G#0"Q\U#RD1`V7^&Q&J;1+!M1KZ5O%`2_9_5%'_9B
M/^Y'?Z8B]AV>N-,S+\--AE$R?_6P@5%MP7GX`<NIB:EVC_53S_;W(?<E\AWF
M,0.&FKN2FO=C?_B([^UE+Q!M(5'/LQHXKQYY/Q:D>MK'D_)=X?*2S_<<O?9[
M'R*7O_/N&OGQ`_>)?_JH7^V+?W,W!1LJHC>1K_??H1F6!_>U`24J$KB?G^JF
M+_N^?Q^WOZP)*!M0X?2\G_K(G_S+OOKO"AMC_M'Y=<_Y4/KVL%S\EU>TY\[W
M;8'WTF_'NX\?UN]DV`\;YA($+B!1WJ_\ZK_^P\[\8\$BQ\-D3*_@AN_1$4NL
MSA]OV<])2Y_^6`\01`0.)`+`((`01'8<W$$DQ$$`(WX,O+$"(D&,$#5NY-C1
MXT>0(46.)%G2Y$F4*56N9-G2Y4N5&06&G.F"B`D`)HBX`##3($:"%PMN]-ES
M*``81"P:7$$$AD>@"A\>C%K4:,>J1Y$J/=CTJ<8-*V8$44BU*DRT:=6N9=O6
M[5NX<4?*U(JU8,(9`&80&7'U9UVB@"T0"6+6;%2H1V\$P2D4I%7''[-^;$$D
MKU^YF35OYMS9\^?,_G1I#B4,@.Q?PY(!Z[SL5V?5QH$/;A#8-W5BNQ]?1\4)
M&35FT,&%#R=>W#A,T8^'[M5YXS=PCKX;QO;9<.K!A`NC:ZU<^';N[1^M:\P.
MX`:1%AH'DP9\W/U[^/'ENTVNFNG`])A]:[2Z8>\/QV@#<*.)-@@/HHEX>@X\
MV3H2D*,"1Q"HA0H,&J&AK_:;;T,.._20P_IP`X`V@0S4;[*_@`K"1-1LB@TB
MG13DKZZ$B+`@1<1P#,JHLUSD*,:M@-*.QQP_-/)())-L*T0&R?+NQ+-T).('
M&&YT+(@G-\+R0(AL<HY(H`[+",R,MNS(S!#&$FB'_*3<44DXXY1S3KL&HH*.
M3CSSU'-//CMDLD]``Q5T4$)?^K-01!-5=-$^,2)`0T8CE7122H^+LE),,]5T
M4_J*Y/134$,5M<XQ1S7U5%0GO3155EMU5<]57Y5U5EHWC+567'/5M;-;=_7U
M5V`-]3188HLU=C2@!#AV66:7%2`K:*.5=EIJJ[7V6FRSU79;;KOU]EMPPQ5W
;7'++-?=<=--5=UUVVW7W77CCE7=>>K\-"``[
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
