e424b3
 

Filed pursuant to Rule 424(b)(3)
Registration Statement No. 333-142474
PROSPECTUS SUPPLEMENT NO. 1
(to prospectus dated April 30, 2007)
3,000,000 Shares
First Industrial Realty Trust, Inc.
Common Stock
     This prospectus supplement supplements information contained in the “Selling Stockholders” section of the prospectus dated April 30, 2007 relating to the potential offer and sale from time to time of up to 3,000,000 shares of common stock of First Industrial Realty Trust, Inc. by the selling stockholders.
     The table below adds the Daniel R. Andrew Living Trust DTD 8/30/2005 to the list of Selling Stockholders in the prospectus dated April 30, 2007:
                         
    Number of shares       Number of shares   Percentage of
    and units owned   Number of shares   owned after the   Outstanding Common
Name   before the offering   offered hereby   offering ***   Stock (16)
 
                        
Daniel R. Andrew Living Trust DTD 8/30/2005
    137,489     137,489(15)     0     *
 
(15)   Represents shares of Common Stock that may be received in exchange for limited partnership units that were issued as consideration for the contribution of certain real estate to First Industrial, L.P. on June 30, 1994.
 
(16)   Based on a total of 45,378,060 shares of common stock outstanding as of March 20, 2007.
 
*   Less than 1%.
 
***   Assumes the Selling Stockholder sells all of its shares of Common Stock offered pursuant to this prospectus.
     This prospectus supplement is not complete without, and may not be delivered or used except in connection with, the Prospectus dated April 30, 2007, including any supplements or amendments to such prospectus. The date of this prospectus supplement is February 26, 2007.