First Industrial Realty Announces Sale of 8.4M Shares

First Industrial Realty Trust, Inc. FR announced today that it has commenced an underwritten public offering of 8,400,000 shares of its common stock. The Company intends to use the proceeds for general corporate purposes, which may include repayments or repurchases of debt and acquisition and/or development of properties.  Completion of the offering is subject to customary closing conditions. UBS Securities LLC is acting as the sole book-running manager for the common stock offering.