TORONTO, Sept. 26, 2018 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U – OTCQX: WPTIF) announced today that Welsh Property Trust, LLC (“Welsh”) sold 2,361,672 REIT units, on a block trade basis at a price of US$13.21 per unit (the “Sale”). Welsh acquired such REIT units upon the redemption of an equivalent number of class B limited partnership units of the operating subsidiary limited partnership of the REIT. Such class B limited partnership units have been held by Welsh since completion of the REIT’s initial public offering in 2013 and the Sale was required in connection with Welsh’s orderly liquidation upon expiry of its term life.