FOUR BUILDINGS TOTALING 444,000 SQUARE FEET TRADE HANDS

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THOUSAND OAKS, ALAMEDA AND TORRANCE, CALIF. — First Industrial Realty Trust Inc. has acquired four buildings, totaling 444,000 square feet, through three transactions in the Los Angeles market. The company purchased a two-building, 184,000-square-foot portfolio, which is located just off the 101 Freeway in Thousand Oaks. The second acquisition was a 177,000-square-foot distribution center located at 220 W. Manville in the Alameda Corridor. The acquisition was for the company’s joint venture, FirstCal 1. In the third transaction, First Industrial acquired an 83,000-square-foot regional distribution center, which is located at 20700 Denker in Torrance. The following brokers assisted the transactions: Nick Gregg and Ken Ashen of CB Richard Ellis; John McKeown and Marc Bonando of Coldwell Banker Commercial; and Todd Taugner, Frank Schultz and David Prior of The Klabin Company.

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