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EXHIBIT 10.55
EIGHTH AMENDMENT TO
SECOND AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT OF
FIRST INDUSTRIAL, L.P.
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
Second Amended and Restated Limited Partnership Agreement dated June 30, 1994
(as amended by amendments thereto dated November 17, 1995, March 20, 1996, June
28, 1996, September 13, 1996, September 30, 1996, November 14, 1996 and January
31, 1997, the "Partnership Agreement"), does hereby amend the Partnership
Agreement as follows:
Capitalized terms used but not defined in this Eighth 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. The
General Partner hereby consents to the assignment of all Units of the
Additional Limited Partners identified as transferors on Schedule 2 hereto to
their equity owners identified as transferees and in the amounts set forth on
such Schedule 2, and to the admission to the Partnership as Substituted Limited
Partners of such transferees, and such transferees are hereby admitted to the
Partnership as Substituted Limited Partners.
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 Eighth Amendment,
all of the provisions of the Partnership Agreement are affirmed and ratified
and remain in full force and effect.
Dated: March 17, 1997
FIRST INDUSTRIAL REALTY TRUST, INC.,
as sole General Partner of the Partnership
By: /s/ Michael J. Havala
---------------------------------
By: Michael J. Havala
Its: Chief Financial Officer
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EXHIBIT 1B
SCHEDULE OF PARTNERS
GENERAL PARTNER NUMBER OF UNITS
- --------------- ---------------
First Industrial Realty Trust, Inc. 30,043,617
LIMITED PARTNERS
- ----------------
Daniel R. Andrew, TR of the Daniel R.
Andrew Trust UA Dec 29 92 137,489
BK Columbus Venture 24,789
John E. de B Blockey, TR of the John E.
De B Blockey Trust 8,187
Michael W. Brennan 7,587
Henry D. Bullock & Terri D. Bullock &
Shawn Stevenson TR of the Bullock Childrens
Education Trust UA Dec 20 94
FBO Benjamin Dure Bullock 770
Henry D. Bullock & Terri D. Bullock &
Shawn Stevenson TR of the Bullock Childrens
Education Trust UA Dec 20 94
FBO Christine Laurel Bullock 770
Edward Burger 9,261
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LIMITED PARTNERS NUMBER OF UNITS
- -------------------------------------- ---------------
Henry D. Bullock & Terri D. Bullock TR
of the Henry D. & Terri D. Bullock
Trust UA Aug 28 92 12,551
Michael G Damone, TR of the Michael G.
Damone Trust UA Nov 4 69 144,296
Robert L. Denton 6,286
Henry E. Dietz Trust UA Jan 16 81 36,476
W. Allen Doane TR of the W. Allen
Doane Trust UA May 31, 91 4,416
Timothy Donohue 2,000
Farlow Road Associates Limited Partnership 2,751
Thelma C. Gretzinger Trust 450
Clay Hamlin & Lynn Hamlin JT TEN WROS 15,159
Highland Associates Limited Partnership 69,039
Robert W. Holman Jr. 150,134
Steven B. Hoyt 250,000
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Frederick K. Ito 3,880
Michael W. Jenkins 3,831
Peter Kepic 9,261
Paul T. Lambert 39,737
Lambert Investment Corporation 13,606
LGR Investment Fund Ltd 22,556
Duane Lund 13,617
Eileen Millar 2,880
Linda Miller 2,000
Peter Murphy 56,184
Anthony Muscatello 81,654
North Star Associates Limited Partnership 19,333
Arden O'Connor 63,845
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Peter O'Connor 66,181
Shidler Equities LP 254,541
Eduardo Paneque 2,000
Partridge Road Associates Limited Partnership 2,751
James C. Reynolds 38,697
Shadeland Associates Limited Partnership 42,976
Shadeland Corporation 4,442
Jay H. Shidler 65,118
Jay H. Shidler & Wallette A. Shidler
TEN ENT 1,223
Michael B. Slade 2,829
Kevin Smith 13,571
Robert Stein 56,778
S. Larry Stein 56,778
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Jonathan Stott 130,026
Michael T. Tomasz 23,868
Mark S. Whiting 25,206
Holman/Shidler Investment Corporation 22,079
Joseph Dresner 149,531
The Milton Dresner Revocable Trust
dated October 22, 1976 149,531
The Jack Friedman Revocable Living Trust
dated March 23, 1978 26,005
Jernie Holdings Corp. 180,499
Fourbur Family Co., L.P. 50,478
Fourbur Co., L.L.C. 27,987
Jerome Lazarus 18,653
Constance Lazarus 417,961
Susan Burman 523,155
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Judith Draizin 331,742
Jan Burman 18,653
Danielle Draizin 6,538
Heather Draizin 6,538
Jason Draizin 13,078
Charles T. Andrews 754
Perry C. Caplan 1,388
Charles S. Cook and
Shelby H. Cook, tenants in the entirety 634
George L. Cramer, Jr. 2,262
Darwin B. Dosch 1,388
Charles F. Downs 1,508
Fitz & Smith Partnership 3,410
Dennis G. Goodwin and
Jeannie L. Goodwin, tenants in the entirety 6,166
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Internal Investment Company 3,016
Thomas J. Johnson, Jr. and
Sandra L. Johnson, tenants in the entirety 2,142
Nourhan Kailian 2,183
Craig R. Martin 754
Joseph Musti 1,508
Dean A. Nachtigall 10,076
Jack F. Ream 1,071
Glenn C. & Linda A. Rexroth 2,142
Andre G. Richard 1,508
Edward C. Roberts and
Rebecca S. Roberts, tenants in the entirety 8,308
W.F.O. Rosenmiller 634
Edward Jon Sarama 634
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
David W. Smith, and
Doris L. Smith, tenants in the entirety 754
Gary L. Smith and
Joyce A. Smith, tenants in the entirety 1,508
SRS PARTNERSHIP 2,142
Barry L. Tracey 2,142
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SCHEDULE 1
Additional
Limited Partners Number of Units Capital Contribution
- -------------------- --------------- --------------------
Emig Income Partners 39,625 $1,109,500
Farmbrook Partners I 18,407 $ 515,396
58,032 $1,624,896
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SCHEDULE 2
Transferror+ New Holder Units Capital Account
- ------------ ---------- ------ ---------------
Charles T. Andrews 754 $ 21,112
Perry C. Caplan 1,388 38,864
Charles S. Cook and 634 17,752
Shelby H. Cook, tenants in the entirety
George L. Cramer, Jr. 2,262 63,336
Darwin B. Dosch 1,388 37,464
Charles F. Downs 1,508 42,224
Fitz & Smith Partnership 3,410 95,480
Dennis G. Goodwin and 6,166 172,648
Jeannie L. Goodwin, tenants in the
entirety
Internal Investment Company 3,016 84,448
Thomas J. Johnson, Jr. and 2,142 59,976
Sandra L. Johnson, tenants in the entirety
Nourhan Kailian 2,183 61,124
Craig R. Martin 754 21,112
Joseph Musti 1,508 42,224
Dean A. Nachtigall 10,076 282,128
Jack F. Ream 1,071 29,988
Glenn C. & Linda A. Rexroth 2,142 59,976
Andre G. Richard 1,508 42,224
Edward C. Roberts and 8,308 232,624
Rebecca S. Roberts, tenants in the
entirety
W.F.O. Rosenmiller 634 17,752
Edward Jon Sarama 634 17,752
David W. Smith, and 754 21,112
Doris L. Smith, tenants in the entirety
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Transferror+ New Holder Units Capital Account
- ------------ ---------- ------ ---------------
Gary L. Smith and 1,508 42,224
Joyce A. Smith, tenants in the entirety
SRS PARTNERSHIP 2,142 59,976
Barry L. Tracey 2,142 59,976
------ ----------
58,032 $1,624,896
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+ With respect to each transferee, one or more of the Additional Limited
Partners reflected on Schedule 1.