Physicians Realty Trust Announces Public Offering of 9,000,000 Common Shares

Physicians Realty Trust (NYSE:DOC) (“the Company”), a self-managed healthcare real estate company, announced today that it has commenced a public offering of 9,000,000 common shares of beneficial interest. The Company also plans to grant the underwriters a 30-day option to purchase up to an additional 1,350,000 common shares. All of the common shares in the public offering are being offered by the Company and will trade on the NYSE under the ticker symbol “DOC.”

The Company will contribute the net proceeds of this offering to its operating partnership in exchange for common units in its operating partnership. The Company’s operating partnership intends to use the net proceeds of the offering to repay borrowings under the Company’s senior secured revolving credit facility, to redeem and purchase common units in its operating partnership and for general corporate and working capital purposes, funding possible future acquisitions and development activities.

BofA Merrill Lynch, KeyBanc Capital Markets, BMO Capital Markets, RBC Capital Markets and Wunderlich Securities are serving as joint book-running managers for the offering, Oppenheimer & Co. and Janney Montgomery Scott are serving as co-lead managers for the offering, and Regions Securities LLC, Comerica Securities, Compass Point, and J.J.B. Hilliard, W.L. Lyons, LLC are serving as co-managers for the offering.

The offering is being made pursuant to the Company’s effective shelf registration statement filed with the Securities and Exchange Commission. Copies of the preliminary prospectus supplement and accompanying prospectus may be obtained from the Securities and Exchange Commission's website at www.sec.gov or by contacting: BofA Merrill Lynch, 222 Broadway, New York, New York 10038, Attn: Prospectus Department, or by emailing dg.prospectus_requests@baml.com; KeyBanc Capital Markets, Attention: Prospectus Delivery Department, 127 Public Square, 4th Floor, Cleveland, Ohio 44114, or by calling (800) 859-1783; BMO Capital Markets, 3 Times Square, New York, NY 10036, Attention: Equity Syndicate Department, or emailing bmoprospectus@bmo.com; RBC Capital Markets, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, New York 10281-8098; or Wunderlich Securities, 6000 Poplar Avenue, Suite 150, Memphis, Tennessee 38119.

This press release is not an offer to sell, nor a solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Physicians Realty Trust

Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company is a Maryland real estate investment trust and will elect to be taxed as a REIT for U.S. federal income tax purposes beginning with its short taxable year ending December 31, 2013 upon the filing of its U.S. federal income tax return for such year. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a Delaware limited partnership (the “operating partnership”), directly or through limited partnerships, limited liability companies or other subsidiaries.

Investors are encouraged to visit the Investor Relations portion of the Company’s website (www.docreit.com) for additional information, including annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, press releases, supplemental information packages and investor presentations.

Forward-Looking Statements

This press release contains statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward looking statements include any statements regarding the Company’s strategic and operational plans. Forward looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. Completion of the offering on the terms described, and the application of net proceeds, are subject to numerous conditions, many of which are beyond the control of the Company, including, without limitation, general economic conditions, market conditions and other factors, including those factors discussed in the preliminary prospectus supplement and accompanying prospectus and in the Company’s annual and periodic reports and other documents filed with the SEC, copies of which are available on the SEC’s website,www.sec.gov. The Company undertakes no obligation to update these statements after the date of this release.