Pricing Supplement Dated November 17, 1997
(To Prospectus dated September 24, 1997 and
Prospectus Supplement dated October 22, 1997)
Rule 424(b)(3)
File No. 333-29879
FIRST INDUSTRIAL, L.P.
Medium-Term Notes - Fixed Rate
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Principal Amount: $50,000,000 Interest Rate: 6.90% Issue Price: 100%
Agent's Discount Commission: .6% Original Issue Date: November 20, 1997
Stated Maturity Date: November 21, 2005
Net Proceeds to Issuer: $49,700,000
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Interest Payment Dates: May 21 and November 21
Redemption:
/X/ The Notes cannot be redeemed prior to the Stated Maturity Date.
/ / The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction: ____% until Redemption percentage
is 100% of the principal amount.
Optional Repayment:
/X/ The Notes cannot be repaid prior to the Stated Maturity Date.
/ / The Notes can be repaid prior to the Stated Maturity Date at the option of
the Holder of the Notes.
Optional Repayment Dates:
Repayment Price: ____%
Currency:
Specified Currency: U.S. Dollars
(If other than U.S. Dollars, see attached)
Minimum Denominations:
(Applicable only if Specified Currency is other than U.S. Dollars)
Original Issue Discount ("OID"): Yes / / No /X/
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Form: /X/ Book-Entry / / Certificated
Agent: /X/ J.P. Morgan Securities Inc. /X/ Merrill Lynch, Pierce, Fenner &
Smith Incororated
/X/ Donaldson, Lufkin & /X/ First Chicago Capital
Jenrette Securities Markets, Inc.
Corporation /X/ UBS Securities LLC
Agent acting in the capacity as indicated below:
/X/ Agent / / Principal
If as principal:
/ / The Notes are being offered at varying prices related to prevailing
market prices at the time of resale.
/ / The Notes are being offered at a fixed initial public offering price
of ____% of principal amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of
100% of Principal Amount.
Exchange Rate Agent: N/A
Other Provisions: None.
