EX-99.2

Cole Capital: An American Realty Capital Properties Company

Merger of Two Best-in-Class REITs

Cole Corporate Income Trust, Inc. and Select Income REIT

Exhibit 99.2

Cole Capital: An American Realty Capital Properties Company

Additional Information and Where to Find It

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a

solicitation of any vote or approval. In connection with the proposed merger between Select Income REIT (“SIR”) and

Cole Corporate Income Trust, Inc. (“CCIT”), the parties expect to prepare and file with the SEC a joint proxy

statement, and SIR expects to prepare and file with the SEC a registration statement on Form S-4 containing a joint

proxy statement/prospectus and other documents with respect to CCIT’s proposed merger with SIR. The joint proxy

statement/prospectus will contain important information about the proposed transaction and related matters.

INVESTORS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS

THERETO) AND OTHER RELEVANT DOCUMENTS FILED BY SIR OR CCIT WITH THE SEC IF AND WHEN THEY BECOME

AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT SIR, CCIT AND THE PROPOSED MERGER.

After the registration statement has been declared effective by the SEC, a definitive joint proxy statement/prospectus

will be provided to the stockholders of SIR and CCIT. Investors and stockholders of SIR and CCIT may obtain free copies

of the registration statement, the joint proxy statement/prospectus and other relevant documents filed by SIR and CCIT

with the SEC (if and when they become available) through the website maintained by the SEC at www.sec.gov. Copies

of the documents filed by SIR with the SEC are also available free of charge on SIR’s website at www.sirreit.com and

copies of the documents filed by CCIT with the SEC are available

free of charge on CCIT’s website at

www.colecapital.com.

Interests of Participants

SIR, CCIT, Reit Management & Research LLC, Cole Corporate Income

Advisors, LLC and their respective directors and

executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of SIR and CCIT

in respect of the proposed merger. Information regarding SIR’s directors and executive officers can be found in SIR’s

definitive proxy statement filed with the SEC on April 7, 2014. Information regarding CCIT’s directors and executive

officers can be found in CCIT’s definitive proxy statement filed with the SEC on April 8, 2014. Additional information

regarding the interests of such potential participants will be included in the joint proxy statement/prospectus and

other relevant documents filed with the SEC in connection with the proposed merger if and when they become

available. These documents are available free of charge on the SEC’s website and from SIR or CCIT, as applicable, using

the sources indicated above.

Forward-Looking Statements

This communication contains certain “forward-looking” statements as that term is defined by Section 27A of the Securities Act of

1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are predictive in nature,

that depend on or relate to future events or conditions, or that include words such as “believes”, “anticipates”, “expects”,

“may”, “will”, “would,” “should”, “estimates”, “could”, “intends”, “plans” or other similar expressions are forward-looking

statements. Forward-looking statements about the plans, strategies and prospects of SIR and CCIT and the proposed merger

between SIR and CCIT are based on CCIT’s current information, estimates and projections. Such statements involve significant

known and unknown risks and uncertainties that may cause SIR’s or CCIT’s actual results in future periods to differ materially

from those projected or contemplated in the forward-looking statements as a result of, but not limited to, the following factors:

the failure to receive, on a timely basis or otherwise, the required approvals by the stockholders of SIR and CCIT; the risk that a

condition to closing of the proposed transaction may not be satisfied; the occurrence of any event, change or other circumstances

that could give rise to the termination of the merger agreement; the possibility that the anticipated benefits and synergies from

the proposed transaction cannot be fully realized or may take longer to realize than expected; the possibility that costs or

difficulties related to the integration of SIR’s and CCIT’s operations will be greater than expected; operating costs and disruption

of management’s attention from ongoing business operations may be greater than expected; the effect of the announcement of

the proposed merger on SIR’s and CCIT’s relationships with customers, tenants, lenders, operating results and business generally;

the outcome of any legal proceedings relating to the merger or the merger agreement; risks to consummation of the merger,

including the risk that the merger will not be consummated within the expected time period or at all; the ability of SIR, CCIT or

the combined company to retain and hire key personnel and maintain relationships with providers or other business partners

pending the consummation of the transaction; and the impact of legislative, regulatory and competitive changes and other risk

factors relating to the industries in which SIR and CCIT operate, as detailed from time to time in each of the reports filed by SIR

and CCIT with the SEC. There can be no assurance that the proposed transaction will in fact be consummated.

Additional information about these factors and about the material factors or assumptions underlying such forward-looking

statements may be found under Item 1.A in each of SIR’s and CCIT’s Annual Report on Form 10-K for the fiscal year ended

December 31, 2013. SIR and CCIT caution that the foregoing list of important factors that may affect future results is not

exhaustive. When relying on forward-looking statements to make decisions with respect to the proposed transaction, stockholders

and others should carefully consider the foregoing factors and other uncertainties and potential events. All subsequent written

and oral forward-looking statements concerning the proposed transaction or other matters attributable to SIR and CCIT or any

other person acting on their behalf are expressly qualified in their entirety by the cautionary statements referenced above. The

forward-looking statements contained herein speak only as of the date of this communication. Neither SIR nor CCIT undertakes

any obligation to update or revise any forward-looking statements for any reason, even if new information becomes available or

other events occur in the future, except as may be required by law.

Merger with SIR Creates Value for CCIT Stockholders

Select Income REIT

NYSE: SIR

Market Cap: $1.7 Billion

Target Closing: First Quarter 2015

CCIT Breaks Escrow

June 28, 2011

06.28.2011

2012

2013

2014

2015

CCIT Acquires High-Quality Office & Industrial Properties

CCIT Capital Raise Ends

September 2013

Merger with SIR

First Quarter 2015

Cole Corporate Income Trust, Inc. Merger

$3.1

Billion

$10.70

per

gross

and

$10.50

per

net

Cumulative Return

Over

30%

Based on the terms of the transaction and inclusive of approximately $64.0 million of combined estimated transaction costs for CCIT and SIR, including such costs as described in Footnote 2

below.

Gross

price

calculated

the

$10.50

per

net

cash

consideration

price

plus

$0.20

per

customary

seller’s

costs,

including

investment

advisory

fees,

legal

costs,

debt assumption fees and the advisor incentive fees, that are being paid by the buyer.

The total cumulative stockholder return calculation referenced herein assumes that: (i) the initial investment was made on June 28, 2011, the day that CCIT satisfied its escrow obligations

and began principal operations; (ii) the investment was made at the gross offering price of $10.00 per share; (iii) the investment was held through August 29, 2014 and exchanged for cash

merger consideration of $10.50 per share on such date; (iv) all monthly distributions paid during the holding period were reinvested at $9.50 per share pursuant to CCIT’s Distribution

Reinvestment Plan; and (v) no redemptions were made during the holding period. Actual returns will vary depending upon a stockholder’s individual circumstances.

As of market close on August 29, 2014.

Transaction Highlights

Transaction

Consideration

$3.1 billion merger with Select Income REIT (“SIR”)

Gross cash price per share is $10.70

, and $10.50 per share net to stockholders

Stock component at fixed exchange ratio of 0.36 of a share of SIR common stock

Valued at $10.38 per share based on SIR’s 60-day Volume Weighted Average Price

(“VWAP”) as of August 29, 2014

Stock election results in a tax-free exchange, if all-stock option is elected

60% cash / 40% stock

Transaction represents a 30.4% cumulative total return for shareholders based on $10.50 per

share cash consideration price

Opportunity for

Liquidity and Upside

CCIT shareholders have no lockups or trading restrictions after closing

Provides full liquidity for CCIT shareholders and materially increases public equity float for

combined company

Fixed exchange ratio allows shareholders to benefit from appreciation in SIR stock price

Increased Common

Dividend

For CCIT shareholders electing to receive all stock, the transaction increases the annual

dividend by $0.07 to $0.72 per share annual dividend (an increase of 10.8% from current

CCIT annual dividend of $0.65 per share)

SIR has announced it intends to increase its dividend to $2.00 per share annually from $1.92

per share (an increase of 4.2%) upon completion of the transaction

Gross share price is calculated as the $10.50 per share net cash consideration price plus $0.20 per share of customary seller’s costs, including investment advisory fees, legal costs,

debt assumption fees and the advisor incentive fees, that are being paid by the buyer.

Neither stock nor cash may exceed 60% of the total consideration.

The total cumulative stockholder return calculation referenced herein assumes that: (i) the initial investment was made on June 28, 2011, the day that CCIT satisfied its escrow

obligations and began principal operations; (ii) the investment was made at the gross offering price of $10.00 per share; (iii) the investment was held through August 29, 2014 and

exchanged for cash merger consideration of $10.50 per share on such date; (iv) all monthly distributions paid during the holding period were reinvested at $9.50 per share pursuant to

CCIT’s Distribution Reinvestment Plan; and (v) no redemptions were made during the holding period. Actual returns will vary depending upon a stockholder’s individual circumstances.

Transaction Highlights

Based on ownership assuming 60% of total consideration paid in cash.

Based on SIR’s share price and VWAP as of August 29, 2014.

Based on SIR’s 12-month historical share price through August 29, 2014.

Accretive Transaction

The transaction is expected to be accretive to SIR’s 2015 normalized Funds from

Operations (“FFO”)

Ownership Structure

CCIT shareholders are expected to own approximately 32% of SIR’s common stock

outstanding post-merger

Timing

First quarter 2015 expected closing

Subject to SEC review and other customary closing conditions

Subject to CCIT and SIR shareholder votes

Potential

Share Value to

CCIT Stockholders at

Various Select SIR

Share Prices

(Assuming Stock Election

Based on 0.36x)

$10.38

$11.33

$9.80

$10.00

$10.20

$10.40

$10.60

$10.80

$11.00

$11.20

$11.40

$11.60

SIR 60-Day VWAP:

$28.82

SIR 12-Mo. High:

$31.47

Transaction Benefits to CCIT Stockholders

Attractive Imbedded

Growth Potential

CCIT’s 2% contractual annual rent bumps are among the strongest in the net lease

space and will complement the significant rent resets that are unique to SIR’s

Hawaiian portfolio.

The transaction is expected to be accretive to the shareholders in both the near term

and the long term.

SIR has generated a 22.6% total annualized return over the past 12 months.

Well-Diversified

Portfolio with Strong

Investment-Grade

Metrics

Significant investment grade exposure (37%).

CCIT and SIR have few mutual tenants and the combined portfolio will have less than

4.1% exposure to any single tenant.

The combined portfolio will provide broader geographic diversification.

Enhanced Weighted

Average Lease Term

and Reduced Exposure

to Near-term Lease

Expirations

The weighted average lease term of the combined portfolio is 11.1 years.

Limited lease expirations with only 10.7% of leases expiring in the next five years.

The merger creates a well-diversified company with attractive metrics

including size, diversification, lease term and investment grade

concentrations.

Calculation includes dividend reinvestment throughout the past 12 months as of August 29, 2014.

All combined portfolio statistics in this presentation reflect the go-forward entity following the transaction and SIR’s intended sale of $539 million of assets at closing. Weighted

averages based on Annualized Base Rent (ABR).

Transaction Benefits to CCIT Stockholders

Increased Size

The combined companies will have a pro forma enterprise value of

$4.6 billion,

which is more than double the current enterprise value of SIR.

The combined portfolio will feature 114

properties totaling 43.1

million square feet,

plus Hawaiian land, in 35 states. This will make SIR the fifth largest net lease REIT

based on square footage.

Complementary Real

Estate Portfolios

CCIT and SIR both primarily focus on single-tenant, net lease office and industrial

properties that are strategic in nature to the lessors’

operations.

The portfolio will be 98% occupied

Enhanced Scale

The increased scale and float resulting from the transaction significantly enhances

SIR’s ability to execute large transactions and strengthens its place in the net lease

sector.

SIR balance sheet is well-positioned for future growth.

Complementary portfolios provide enhanced size and scale.

June 28, 2011 2012

2013

2014

September 1, 2014

CCIT

Growth

from

Hypothetical

$10,000

Initial

Investment

Value Creation for CCIT Stockholders

Investment Period: June 28, 2011 –

September 1, 2014

There can be no guarantee that any Cole Capital program will replicate this type of liquidity event, if at all.

CCIT SHAREHOLDERS PARTICIPATING IN

DISTRIBUTION REINVESTMENT PLAN (DRIP)

1,235.2

CUMULATIVE RETURN

30.4%

GROWTH FROM $10,000

INVESTMENT

$13,039.86

ANNUALIZED RETURN

9.5%

Escrow Break

$10,000

$10,250

$10,500

$10,750

$11,000

$11,250

$11,500

$11,750

$12,000

$12,250

$12,500

$12,750

$13,000

$13,250

The total cumulative stockholder return calculation referenced herein assumes that: (i) the initial investment was made on June 28, 2011, the day that CCIT satisfied its escrow

obligations and began principal operations; (ii) the investment was made at the gross offering price of $10.00 per share; (iii) the investment was held through September 1, 2014

and exchanged for cash merger consideration of $10.50 per share on such date; (iv) all monthly distributions paid during the holding period were reinvested at $9.50 per share

pursuant to CCIT’s Distribution Reinvestment Plan; and (v) no redemptions were made during the holding period. Actual returns will vary depending upon a stockholder’s individual

circumstances.

Our track record with full-cycle programs includes multiple successful

liquidity events for our investors.

Cole Credit Property Trust, Inc. (offering period: 04/04-09/05)

Acquired by American Realty Capital Properties, Inc. (05/20/14)

Cole Credit Property Trust II, Inc. (offering period: 09/05-01/09)

Merged with Spirit Realty Capital, Inc. (07/17/13)

Cole Credit Property Trust III, Inc. (offering period: 10/08-04/12)

Renamed Cole Real Estate Investments, Inc.—listed on the NYSE (COLE) (06/20/13)

Merged with American Realty Capital Properties, Inc. (02/07/14)

Cole Corporate Income Trust, Inc. (offering period: 06/11-09/13)

Announced merger with Select Income REIT (09/02/14)

There can be no guarantee that a Cole Capital program will replicate these types of liquidity events, if at all.

Cole Capital Has a History of Full-Cycle Liquidity Events

Cole Capital demonstrates it can successfully bring products full cycle with this fourth liquidity event.

July

16,

2013,

the

CCIT

Board

Directors

(“Board”)

announced

would

begin investigating potential liquidity opportunities following the close of its

primary offering.

On September 30, 2013, CCIT closed its primary offering to investments.

In March 2014, the CCIT Board hired Wells Fargo Securities, LLC as its financial

advisor to review strategic alternatives.

The

Independent

Directors

CCIT

sought

supplemental

financial

advice

from

Hentschel & Company.

Both Wells Fargo Securities and Hentschel rendered fairness opinions.

The

CCIT

Board

retained

Morris,

Manning

Martin,

LLP

company

counsel

The Independent Directors retained Ropes & Gray LLP as separate legal counsel

as part of the review of strategic alternatives.

Additionally, Venable LLP was retained as Maryland counsel.

On August 30, 2014, after a thorough review, the CCIT Board unanimously

approved the transaction with SIR.

Thoughtful and Comprehensive Process

The transaction provides for:

Gross cash price per share of $10.70, and $10.50 per share net to stockholders

Stock component at fixed exchange ratio of 0.36 of a share of SIR common stock

Transaction is a tax-free exchange with a 10.8% dividend increase for those

stockholders electing stock. If stockholders take no action, they will receive SIR

stock and an increase in dividend.

Transaction has no collar, allowing CCIT stockholders to participate in uncapped

upside in SIR stock appreciation.

The CCIT Board believes that SIR is trading below its NAV and the transaction

provides for upside appreciation for stockholders electing stock.

Transaction has a 60% cash backstop at $10.50, providing attractive downside

protection.

Transaction is subject to approval by CCIT’s stockholders and approval by SIR’s

stockholders of the issuance of shares.

Shareholder meetings are expected to occur in late Q4 2014 or early Q1 2015.

SIR stockholders holding 37% of SIR’s outstanding shares have entered into voting

agreements in support of the merger.

Transaction is expected to close in Q1 2015.

Thoughtful and Comprehensive Process

Compelling Transaction for CCIT Stockholders

Attractive return

Full liquidity to CCIT shareholders

Premium valuation

Increased distributions

Increased size and scale

Increased diversification and improved tenant roster

Select Income REIT

SIR Company Profile

SIR is a publicly traded, externally-managed REIT

Listed on NYSE (SIR) in 2012 and managed by Reit Management & Research

LLC (RMR)

Included in the MSCI US REIT Index

Primarily owns properties that are net leased to single tenants

Approximately 37% of SIR’s rents are from Hawaii that are under long-term

leases to tenants, many of whom own buildings and operate their businesses

on SIR’s property

SIR Company Profile

Current portfolio:

50 properties

39 mainland U.S. properties and 11 Hawaiian

properties

•

30 mainland office

•

9 mainland industrial

•

9 Hawaiian land

•

2 Hawaiian buildings

265 tenants

21 states

27.0 million square feet

96%

occupancy

10.6 year Weighted Average Lease Term

28% investment-grade-rated

No tenant represents more than 7.5% of total

portfolio

Portfolio statistics weighted based on Annualized Base Rent (ABR).

SIR 52-Week Performance

SIR has generated a 22.6% total annualized

return over the past 12 months

SIR Stock Price

12-month stock price as of August 29, 2014

SIR Total Return

12-month return as of August 29, 2014

SIR has demonstrated stock price appreciation and positive total

returns during the past year.

Calculation includes dividend reinvestment throughout the past 12 months as of August 29, 2014.

High Tech &

Communication

Top Ten Tenants By Annualized Base Rent (ABR)

Transaction Brings Together Complementary Portfolios

Combined portfolio has attractive diversification, tenant mix and lease term.

Portfolio Diversity

114 Properties | 43.1 million SF

Geographic Diversity

Industry Diversity

Weighted Average Lease Term

Manufacturing, Energy

& Transportation

Other

Real Estate, Financial

& Insurance

Hawaiian

Land

Industrial

Office

Mining & Natural

Resources

Weighted Avg. Lease Term: 11.1 years

100%

80%

60%

40%

20%

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

Industrial

Retail & Food

($ and SF in 000s)

Tenant

Credit Rating

ABR

% of Total

Tellabs Inc.

Not Rated

820

$16,766

4.0%

Amazon

AA-

3,049

15,479

3.7%

Noble Energy

BBB

497

14,757

3.5%

F5 Networks

Not Rated

299

14,112

3.4%

Bank of America National Association

554

13,981

3.4%

Tesoro

BB+

618

13,807

3.3%

MeadWestvaco Corporation

BBB

311

11,945

2.9%

Orbital Sciences Corporation

337

10,318

2.5%

Hillshire Brands

BBB

234

9,254

2.2%

Cinram Group Inc.

Not Rated

1,371

9,210

2.2%

Top 10

8,090

$129,629

31.1%

Other

Various

33,983

$287,195

68.9%

Total

42,073

$416,824

100.0%

OTHER

Cole Corporate Income Trust, Inc.

CCIT Company Profile

CCIT is a public, non-listed REIT

Broke escrow in June 2011 and closed capital

raising in September 2013

Current portfolio:

87 properties

54 office

33 industrial

11 industries and 62 tenants

30 states

18.3 million square feet

100% occupancy

11.4 year Weighted Average Lease Term

53% investment-grade-rated

$3.1 billion enterprise value

Cash Net Operating Income (NOI) of $177.6

million

Includes build-to-suit properties currently under construction.