CHICAGO, March 1, 2012 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner and operator of industrial real estate and provider of supply chain solutions, announced today that it has filed a prospectus supplement under which it may from time to time sell up to 12,500,000 shares of its common stock through an "at-the-market" equity offering program, with an aggregate gross sales price of up to $125 million. The shares would be offered through Wells Fargo Securities, LLC, BofA Merrill Lynch, Morgan Keegan & Company, Inc., Lazard Capital Markets LLC, UBS Securities LLC, Piper Jaffray & Co. or Macquarie Capital ( USA) Inc., each of whom may act as sales agent. This new program replaces the Company's prior "at-the-market" equity offering program that it terminated on February 29, 2012. (Logo: http://photos.prnewswire.com/prnh/20040106/FRLOGO) Sales, if any, are anticipated to be made primarily in transactions that are deemed to be "at-the-market" offerings, including sales made directly on the New York Stock Exchange or sales made to or through a market maker other than on an exchange or by privately negotiated transactions. The Company intends to use the proceeds for general corporate purposes, which may include repayments or repurchases of debt and acquisitions and development of properties. The offering would be made pursuant to a prospectus supplement, dated March 1, 2012, to the Company's base prospectus, dated March 1, 2012, filed as part of its effective shelf registration statement. You may obtain the prospectus supplement and the related prospectus by visiting EDGAR on the SEC website at www.sec.gov or the sales agents will arrange to send you the prospectus supplement and the related prospectus if you request it by contacting Wells Fargo Securities, LLC, 375 Park Avenue, New York, New York, 10152, telephone (800) 326-5897. This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any security of the Company, nor will there be any offer, sale or solicitation of any security in any jurisdiction in which such offer, sale or solicitation would be unlawful.