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Marketwired
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Pure Industrial Real Estate Trust Announces Election of Trustees and Other Voting Results

VANCOUVER, BC--(Marketwired - May 11, 2017) - Pure Industrial Real Estate Trust (the "Trust") (TSX: AAR.UN) is pleased to announce that at its annual and special meeting held Wednesday, May 10, 2017 (the "Meeting"), all of the nominees for election as trustees of the Trust referred to in its information circular dated March 31, 2017, available on SEDAR at www.sedar.com, were elected as trustees of the Trust for the ensuing year or until their successors are elected or appointed.

A total of 135,092,631 votes were represented at the Meeting. As a ballot was not required, the voting results in the table below reflect proxies received in respect of the election of trustees of the Trust and other voting items:

----------------------------------------------------------------------------
                                                               Votes        
Nominee              Votes For         Votes Against      Withheld/Abstain  
               -------------------------------------------------------------
                  Total   Percentage  Total  Percentage   Total   Percentage
----------------------------------------------------------------------------
Number of                                                                   
 Trustees      135,026,841    99.95%   65,789     0.05%          0     0.00%
----------------------------------------------------------------------------
Election of                                                                 
 Trustees:                                                                  
----------------------------------------------------------------------------
  James K                                                                   
   Bogusz      132,964,259    99.44%        0     0.00%    752,336     0.56%
----------------------------------------------------------------------------
  Stephen J                                                                 
   Evans       114,700,682    85.78%        0     0.00% 19,015,913    14.22%
----------------------------------------------------------------------------
  Kevan S                                                                   
   Gorrie      133,376,661    99.75%        0     0.00%    339,934     0.25%
----------------------------------------------------------------------------
  Paul G                                                                    
   Haggis      133,481,971    99.82%        0     0.00%    234,624     0.18%
----------------------------------------------------------------------------
  Robert W                                                                  
   King        132,475,192    99.07%        0     0.00%  1,241,403     0.93%
----------------------------------------------------------------------------
  T Richard                                                                 
   Turner      130,068,483    97.27%        0     0.00%  3,648,112     2.73%
----------------------------------------------------------------------------
  Elisabeth S                                                               
   Wigmore     133,502,067    99.84%        0     0.00%    214,528     0.16%
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
Appointment of                                                              
 Auditors      133,664,794    98.94%        0     0.00%  1,427,835     1.06%
----------------------------------------------------------------------------
Amendments to                                                               
 the                                                                        
 Declaration                                                                
 of Trust      133,048,205    99.50%  668,390     0.50%          0     0.00%
----------------------------------------------------------------------------
                                                                            

The Trust has also filed a report of voting results regarding all matters voted on at the Meeting on SEDAR at www.sedar.com.

ABOUT PURE INDUSTRIAL REAL ESTATE TRUST

Pure Industrial Real Estate Trust is an unincorporated, open-ended investment trust that owns and operates a diversified portfolio of income-producing industrial properties in leading markets across Canada and key distribution and logistics markets in the United States. The Trust is an internally managed REIT and is one of the largest publicly-traded REITs in Canada that offers investors exposure to industrial real estate assets in Canada and the United States.

Additional information about the Trust is available at http://www.piret.ca or www.sedar.com.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

For more information please contact:
Sylvia Slaughter
Director of Investor Relations
(416) 479-8590 Ext 267
E-mail: sslaughter@piret.ca

Pure Industrial Real Estate Trust
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (888) 681-5959
www.piret.ca
Toronto Stock Exchange - AAR.UN

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