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CHICAGO—Bruce W. Duncan has led First Industrial Realty Trust, Inc. as its president and chief executive officer for seven years, but says he plans to retire by year-end 2016. Officials of the Chicago-based owner, operator and developer of industrial properties say the board of directors will choose Duncan‘s successor and consider internal and external candidates for the position. The company has hired Korn Ferry, a global advisory firm, to assist in the search.

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