WPT Capital Advisors, LLC Announces Hiring of New Vice President of Investments

MINNETONKA, MN--(Marketwired - October 11, 2016) - WPT Capital Advisors, LLC (the "Company") announced today that Jennifer R. Widener has joined the Company as Vice President of Investments. Ms. Widener will play a key role in the continued growth and expansion of the Company's acquisition and development activity, specifically in the western region of the United States. Ms. Widener brings nearly 20 years of industry experience to her new role, having spent the last eight years with IDI Gazeley Brookfield Logistics Properties, most recently as Vice President, Investments.

"We are thrilled to have Jennifer join our team and add her extensive experience to an already strong investment team. Her track record and industry relationships in the U.S. industrial real estate sector will be a significant asset as we continue to expand the geographic footprint of our managed investment vehicles," commented Scott Frederiksen, Chief Executive Officer of the Company.

Ms. Widener holds a M.A. in Economics from the University of Oklahoma and a B.A in Economics from the University of Iowa. She is also a member of the NAIOP National Forum for Industrial Acquisitions and an Associate Member of the Urban Land Institute.

About WPT Capital Advisors, LLC

WPT Capital Advisors is a real estate investment management firm focused on industrial properties located in major distribution and supply-chain markets throughout the United States. The Company also serves as the external asset and property manager for WPT Industrial Real Estate Investment Trust (TSX: WIR.U) (OTCQX: WPTIF).