First Industrial Realty announces plans to redeem series J preferreds

By Ashley Montgomery

Kansas City, Kan., Nov. 20 - First Industrial Realty Trust, Inc. will redeem 2 million of its 6 million outstanding depositary shares relating to its 7.25% series J cumulative redeemable preferred stock.

The redemption price will be at par of $25 per share plus accrued dividends to the redemption date.

Computershare Trust Co. is the paying agent.

First Industrial is a Chicago-based owner and operator of industrial real estate and provider of supply-chain services.

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