IndCor Welcomes John Collins as Chief Financial Officer

IndCor is pleased to welcome John Collins as Chief Financial Officer. Collins joined IndCor in September 2012 and is responsible for all financial activities at IndCor. End Quote

Chicago, IL (1888PressRelease) January 23, 2013 - IndCor, a premier real estate company focused on the ownership and management of industrial properties, is pleased to welcome John Collins as Chief Financial Officer. Collins joined IndCor in September 2012 and is responsible for all financial activities at IndCor, including accounting and internal controls, financial planning and analysis, treasury functions, tax, and risk management.

Prior to his joining IndCor as Chief Financial Officer, Collins was the Chief Accounting Officer at Pearlmark Real Estate Partners, an investment firm sponsoring a series of private institutional real estate funds with assets located throughout the United States. While holding this position, he was responsible for financial and investor reporting for Pearlmark's commercial and multifamily properties and high-yield debt opportunities.

Preceding his position at Pearlmark, Collins was an auditor at Ernst & Young, where he audited Equity Office's various SEC filings. Early in his career, Collins worked as an auditor at Grant Thornton, where he audited several clients, including Equity Residential. Collins earned his Bachelor of Science degree in accounting from the University of Illinois at Urbana-Champaign and is a Certified Public Accountant.

"We are thrilled to welcome John Collins to IndCor as our new CFO," says Tim Beaudin, CEO of IndCor. "He brings significant talent to IndCor that comes from many years of experience. We have confidence that he will do great things for our company."

About IndCor:
IndCor Properties, Inc. (IndCor) is one of the premier real estate companies in the United States focusing on the ownership and management of industrial properties. As a comprehensive real estate operator, IndCor currently owns and manages over 84 million square feet located in 40 key logistics markets in 23 states. IndCor is headquartered in Chicago, Illinois. IndCor was formed in 2010 as a portfolio company of The Blackstone Group, one of the world's largest alternative asset managers and advisory firms. To learn more, visit www.indcor.com.

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