FIRST INDUSTRIAL TO DEVELOP 600,000-SQUARE-FOOT BUILD-TO-SUIT

KENOSHA, WIS. — Chicago-based First Industrial Realty Trust has entered into a build-to-suit agreement with Rust-Oleum Corp. for the development of a 600,000-square-foot distribution center located within First Industrial’s 169-acre First Park Kenosha industrial park in Kenosha. The facility, located at the corner of State Route 158 and 88th Avenue, will anchor First Park Kenosha, and will feature expansion capacity up to 850,000 square feet. Groundbreaking will occur this month, with completion scheduled for fourth-quarter 2008.