1 EXHIBIT 10.5 NINTH AMENDMENT TO SIXTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF FIRST INDUSTRIAL, L.P. As of November 5, 1998, the undersigned, being the sole general partner of First Industrial, L.P. (the "PARTNERSHIP"), a limited partnership formed under the Delaware Revised Uniform Limited Partnership Act and pursuant to the terms of that certain Sixth Amended and Restated Limited Partnership Agreement, dated March 18, 1998 (as amended by the first amendment thereto dated April 1, 1998, the second amendment thereto dated April 3, 1998, the third amendment thereto dated April 16, 1998, the fourth amendment thereto dated May 20, 1998, the fifth amendment thereto dated July 16, 1998, the sixth amendment thereto dated August 31, 1998, the seventh amendment thereto dated October 21, 1998 and the eighth amendment thereto dated October 30, 1998) (collectively the "PARTNERSHIP AGREEMENT"), does hereby amend the Partnership Agreement as follows: Capitalized terms used but not defined in this Ninth Amendment shall have the same meanings that are ascribed to them in the Partnership Agreement. 1. ADDITIONAL LIMITED PARTNERS. The Persons identified on SCHEDULE 1 hereto are hereby admitted to the Partnership as Additional Limited Partners owning the number of Units and having made the Capital Contributions set forth on such SCHEDULE 1. Such persons hereby adopt the Partnership Agreement. 2. SCHEDULE OF PARTNERS. EXHIBIT 1B to the Partnership Agreement is hereby deleted in its entirety and replaced by EXHIBIT 1B hereto which identifies the Partners following consummation of the transactions referred to in Section 1 hereof. 3. RATIFICATION. Except as expressly modified by this Ninth Amendment, all of the provisions of the Partnership Agreement are affirmed and ratified and remain in full force and effect. IN WITNESS WHEREOF, the undersigned has executed this Ninth Amendment as of the date first written above. FIRST INDUSTRIAL REALTY TRUST, INC., as sole general partner of the Partnership By: /s/ Michael Brennan ----------------------------------- Name: Michael Brennan Title: Chief Operating Officer 2 EXHIBIT 1B SCHEDULE OF PARTNERS GENERAL PARTNER NUMBER OF UNITS --------------- --------------- First Industrial Realty Trust, Inc. 30,892,739 LIMITED PARTNERS NUMBER OF UNITS ---------------- --------------- Aimee Freyer Lifetime Trust dated 11/1/65 2,384 Daniel R. Andrew, TR of the Daniel R. Andrew Trust UA 137,489 Dec 29 92 Charles T. Andrews 754 Gordon E. Atkins 6,767 William J. Atkins 22,381 E. Donald Bafford 3,374 William Baloh 8,582 Edward N. Barad 2,283 UA dated April 11, 1996 Blurton 1996 Revocable Family 598 Trust James Bolt 5,587 Harriett Bonn 28,804 Michael W. Brennan 3,806 Robert Brown 2,123 Henry D. Bullock & Terri D. Bullock & Shawn Stevenson 1,970 TR of the Bullock Childrens Education Trust UA Dec 20 94, FBO Benjamin Dure Bullock Henry D. Bullock & Terri D. Bullock & Shawn Stevenson 1,970 TR of the Bullock Childrens Education Trust UA Dec 20 94, FBO Christine Laurel Bullock Henry D. Bullock & Terri D. Bullock TR of the Henry D. 9,126 & Terri D. Bullock Trust UA Aug 28 92 Edward Burger 9,261 Calamer Inc. 1,233 Perry C. Caplan 1,388 Irwin Carasso 17,192 Carol P. Freyer Lifetime Trust dated 11/1/72 2,384 The Carthage Partners LLC 34,939 Cliffwood Development Company 64,823 Collins Family Trust dated 5/6/69 137,808 Kelly Collins 11,116 Michael Collins 17,369 Charles S. Cook and Shelby H. Cook, tenants in the 634 entirety Caroline Atkins Coutret 7,327 David Cleborne Crow 5,159 Gretchen Smith Crow 2,602 Michael G. Damone, TR of the Michael G. Damone Trust 144,296 UA Nov 4 69 Myrna R. Debilak 5,447 Robert L. Denton 6,286 C G Property Development 27,975 W Allen Doane, trustee of the W Allen Doane Trust U-A 4,416 05-31-91 Timonthy Donohue 1,000 2 3 Darwin B. Dosch 1,388 Charles F. Downs 1,508 Greg and Christina Downs, joint tenants 474 Gregory Downs 48 Draizin Family Partnership, LP 357,896 Joseph S. Dresner 149,531 Ethel Road Associates 29,511 James Kozen, trustee U-A dated 02/24/86 33,031 Farlow Road Associates Limited Partnership 2,751 Fitz & Smith Partnership 3,410 Fourbur Family Co., L.P. 620,273 Gamma Three Associates Limited Partnership 3,338 Dennis G. Goodwin and Jeannie L. Goodwin, tenants in 6,166 the entirety Clay Hamlin & Lynn Hamlin, joint tenants with rights 15,159 of survivorship Leland A. and Margery Ann Hodges 60,000 Henry E. Dietz Trust UA Jan 16 81 36,476 Highland Associates Limited Partnership 69,039 Robert W. Holman Jr. 150,146 Holman/Shidler Investment Corporation 22,079 Steven B. Hoyt 175,000 Internal Investment Company 3,016 Frederick K. Ito 3,880 The Jack Friedman Revocable Living Trust UA March 23, 26,005 1978 Jayeff Associates Limited Partnership 16,249 Michael W. Jenkins 3,917 Jernie Holdings Corp. 180,499 John E. De B Blockey Trust 8,293 Thomas J. Johnson, Jr. and Sandra L. Johnson, tenants 2,142 in the entirety Nourhan Kailian 2,183 Peter Kepic 9,261 Lambert Investment Corporation 13,606 Paul T. Lambert 39,749 Constance Lazarus 417,961 Jerome Lazarus 18,653 LGR Investment Fund Ltd 22,556 Malcolm Properties, L.L.C. 25,342 Princeton South at Lawrenceville LLC 4,692 Shidler Equities LP 254,541 Duane Lund 617 R. Craig Martin 754 J. Stanley Mattison 12 Eileen Millar 2,922 Linda Miller 2,000 The Milton Dresner Revocable Trust UA October 22, 1976 149,531 Montrose Kennedy Associates 4,874 Peter Murphy 56,184 Anthony Muscatello 81,654 Joseph Musti 1,508 Dean A. Nachtigall 10,076 New Land Associates Limited Partnership 1,664 3 4 North Star Associates Limited Partnership 19,333 Arden O'Connor 13,845 Peter O'Connor 66,181 Princeton South at Lawrenceville One 4,426 Eduardo Paneque 2,000 Partridge Road Associates Limited Partnership 2,751 R.C.P. Associates, a New Jersey limited partnership 3,060 Jack F. Ream 1,071 Glenn C. Rexroth and Linda A. Rexroth, as tenants in 2,142 the entirety James C. Reynolds 40,154 Andre G. Richard 1,508 RJB Ford City Limited Partnership 158,438 RJB II Limited Partnership 40,788 Edward C. Roberts and Rebecca S. Roberts, tenants in 8,308 the entirety W.F.O. Rosenmiller 634 Edward Jon Sarama 634 Shadeland Associates Limited Partnership 42,976 Shadeland Corporation 4,442 Jay H. Shidler 66,984 Jay H. Shidler and Wallette A. Shidler, tenants in the 1,223 entirety Shidler Equities LP 254,541 Michael B. Slade 2,829 David W. Smith, and Doris L. Smith, tenants in the 754 entirety Gary L. Smith and Joyce A. Smith, tenants in the 1,508 entirety Kevin Smith 13,571 South Broad Company 72,421 South Gold Company 82,433 SRS Partnership 2,142 UA Dated May 21, 1996 FBO Robert Stein 56,778 Robert Stein 6,852 S. Larry Stein 63,630 Jonathan Stott 80,026 Suburban Roseland Associates, a Limited Partnership 3,002 Thelma C. Gretzinger Trust 450 Thomas K. Barad & Jill E. Barad, Co-Trustees of the 2,283 Thomas K. Barad & Jill E. Barad Trust Dated 10-18-89 Michael T. Tomasz 25,847 Barry L. Tracey 2,142 Van Brunt Associates 39,370 Worlds Fair Associates 6,134 Worlds Fair III Associates 14,094 The Worlds Fair Office Associates 3,343 Worlds Fair Partners Limited Partnership 1,664 The Worlds Fair V Associates 3,340 The Worlds Fair 25 Associates 13,677 BSDK Enterprises 3,596 Estate of Albert Sklar 3,912 Rand H. Falbaum 17,022 William M. Fausone 16,480 Elizabeth Fitzpatrick 3,800 4 5 Fred Trust dated 6/16/77 653 Carol P. Freyer 12,173 Lee Karen Freyer 10,665 Aimee Freyer-Valls 12,173 David Fried 1,326 Ester Fried 3,177 Douglas Frye 2,216 J. Peter Gaffney 727 Gerlach Family Trust dated 6/28/85 874 Patricia O. Godchaux 9,387 Timothy Gudim 27,782 Timothy & Melissa Gudim, joint tenants 3,285 H/Airport GP Inc. 1,433 Vivian Hack 22,522 Martha J. Harbinson 3,329 Turner Harshaw 1,132 Cathleen Hession 3,137 Howard Trust dated 4/30/79 653 John A. and Gloria H. Sage Family Trust UDT dated 15,864 6/7/94 L. Chris Johnson 3,196 Johnson Living Trust dated 2/18/83 1,078 Charles Mark Jordan 57 JPG Investment 919 David R. Kahnweiler 5,436 Thomas Kendall 546 Kirshner Family Trust #1 dated 4/8/76 29,558 Kirshner Trust #4 FBO Todd Kirshner 20,258 Kolpack MD Pension 994 Chester A. Latcham 2,493 Lee Karen Freyer Lifetime Trust dated 11/1/65 2,384 Georgia Leonard 664 Robert Leonard III 5,856 Steve Leonard 37,645 Leslie A. Rubin LTD 4,048 CLMM LLC 3,825 PAC-II LLC 17,356 Sealy Professional Drive LLC 2,906 Sealy Unitholder LLC 31,552 SPM Industrial LLC 5,262 Reyem Partners LP 8,489 Henry E. Mawicke 636 Richard McClintock 623 McElroy Management Inc. 5,478 MCS Properties, Inc. 5,958 Lila Atkins Mulkey 7,327 James Muslow, Jr. 4,911 Adel Nassif 4,910 Kris Nielson 28 Catherine A. O'Brien 832 Martha E. O'Brien 832 Steve Ohren 31,828 Pacifica Holding Company 97,870 Sybil T. Patten 1,816 Betty S. Phillips 3,912 5 6 Jeffrey Pion 2,879 Pipkin Family Trust dated 10/6/89 3,140 Robert J. Powers 37,674 Manor Properties 143,408 Elizabeth Hutton Hagen Fitzpatrick IRA dated 9/1/91 607 Robert S. Hood Living Trust dated 1/9/90 & Amended 3,591 12/16/96 James Sage 2,156 Kathleen Sage 3,350 Wilton Wade Sample 5,449 Sealy & Company, Inc. 37,119 Sealy Florida, Inc. 675 Mark P. Sealy 8,451 Sealy Real Estate Services, Inc. 148,478 Scott P. Sealy 40,902 Marilyn Rangel IRA dated 2/5/86 969 Siskel Family Partnership 11,359 Siskel Revocable Trust 1987 dated 4/17/1987 10,087 Suzanne Siskel 3,802 Steve Smith 386 Sterling Alsip Trust dated August 1, 1989 794 Sterling Family Trust dated 3/27/80 3,559 Donald C. Thompson 39,243 TUT Investments I LLC 5,274 William S. Tyrrell 2,906 Van Gilder Family Partnership 2,262 Virginia B. and Norton Sharpe Living trust UDT dated 12,055 4/26/96 Steve Walbridge 338 Richard Walker, Jr. 963 Charles Kendall Jr. Rollover IRA dated 1/21/93 656 William B. Wiener, Jr. 41,119 Patricia Wiener-Shifke 12,944 William J. Mallen Trust dated 4/29/94 8,016 Fred Wilson 35,787 World's Fair Thirty 1,442 Wolsum, Inc. 2,427 Johannson Yap 1,680 Gerald & Sharon Zuckerman 615 Stephen Mann 15,017 Stanley Gruber 30,032 Seymour Israel 15,016 J. O'Neil Duffy, Sr. 513 James O. Duffy, Jr. 513 Garrett E. Sheehan 513 Sam Shamie Trust Agreement dated March 16, 1978, as 337,753 restated on November 16, 1993 Richard H. Zimmerman Living Trust dated October 15, 47,174 1990, as amended Keith J. Pomeroy Revocable Trust Agreement, dated 128,783 December 13, 1976, as amended and restated on June 28, 1995 Enid Braden Trust of June 28, 1995 18,464 Sam L. Yaker Revocable Trust Agreement dated February 30,285 14, 1984 6 7 Armenag Kalaydjian Revocable Trust Agreement dated 21,655 February 28, 1984 RBZ LLC 124 KEP LLC 78,873 ESAA Associates Limited Partnership 19,367 Paul F. Obrecht, Jr. 5,289 Richard F. Obrecht 5,289 Thomas F. Obrecht 5,289 George F. Obrecht 5,289 Joan R. Kreiger Revocable Trust 15,184 William L. Kreiger, Jr. 3,374 Elmer H. Wingate 1,688 Apollo/Pacifica Bryant LLC 42,977 Edwin and Cathleen Hession 7,987 D.W. Sivers Co. 118,265 Sivers Investment Partnership 283,500 Sivers Family Real Property Limited Liability Company 12,062 Wendell C. Sivers Marital Trust u/w/d February 20, 1981 14,020 Dennis W. Sivers 27,636 Jack H. Kulka 330 Babette Kulka 330 Jeffrey L. Greenberg 330 Martin Eglow 330 James J. Warfield 330 7 8 SCHEDULE 1 Additional Limited Partner Number of Units Capital Contribution --------------- --------------- -------------------- Leland A. and Margery Ann Hodges 60,000 $1,525,800.00 8