First Industrial Realty Trust

First Industrial Realty Trust, Inc. operates as a real estate investment trust. It engages in the ownership, management, acquisition, sale, development and redevelopment of industrial real estate. The firm product portfolio includes bulk warehouse, regional warehouse, R&D/flex, and light industrial properties. The company was founded by Johannson L. Yap, Robert L. Denton, Sr., and Jay H. Shidler on August 10, 1993, and is headquartered in Chicago, IL.

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First Industrial Realty Trust posts record occupancy and growth outlook

First Industrial Realty Trust's Q4 2022 performance reflects strong operational metrics and financial health, with positive outlook for future earnings.
While facing challenges such as declining land values and potential delays, the company's strategic strengths and opportunities position it well for growth.
Active leasing discussions, market demand, and focus on key markets offer avenues for revenue growth and portfolio expansion.
Overall, First Industrial Realty Trust demonstrates resilience and strategic foresight in navigating market dynamics and maximizing shareholder value.

First Industrial Realty Trust (FR) reports record Q1 performance and eyes growth amidst market challenges

First Industrial Realty Trust (FR) showcases robust performance in Q1 2023, driven by high occupancy rates, leasing success, and development activities. Despite challenges in moderated rent growth and a challenging acquisition market, the company's strong balance sheet and market focus present growth opportunities. Leveraging demand trends and funding options can further enhance future performance.

First Industrial Realty Trust exceeds Q2 expectations with record rental rates

First Industrial Realty Trust delivered a strong performance in Q2 2023, surpassing expectations with high occupancy rates and record-setting rental rate increases. While facing challenges in financing and market dynamics, the company is well-positioned to capitalize on growth opportunities through lease escalations and strong rent growth trends.

First Industrial Realty Trust (FR) reports strong Q3 performance

First Industrial Realty Trust (FR) demonstrated strong performance in leasing activities and cash rental rate growth in Q3 2023.
While facing challenges such as uncertain contract award timing and land value decreases, the company maintained low bad debt and active leasing demand.
Opportunities lie in potential joint ventures in data centers, consistent demand for space, and market dynamics supporting growth.
Overall, FR's performance reflects resilience and strategic positioning in the real estate market.

First Industrial Realty Trust exceeds 2023 expectations and eyes growth opportunities

First Industrial Realty Trust delivered strong financial results, exceeding expectations and providing optimistic guidance for 2024, supported by robust leasing activities and strategic investments.
The company's focus on multi-tenanted buildings, diverse leasing progress, and adaptability to market trends position it well for growth and resilience in the industrial real estate sector.
While facing challenges in a competitive acquisition landscape and cost pressures, First Industrial Realty Trust can leverage opportunities in new developments, build-to-suit projects, and high barrier markets for future success.
Overall, the company's performance reflects operational strength, strategic foresight, and responsiveness to market dynamics, signaling a promising outlook for continued growth and value creation.

First Industrial Realty Trust (FR) reports strong Q1 performance

First Industrial Realty Trust (FR) delivered a solid performance in Q1 2024, with strong leasing activity and positive market indicators. Challenges include tenant decision delays and difficulty in projecting lease-up timing for developments. Opportunities exist in data center demand and robust market activity.

First Industrial Realty Trust excels in Q2 with strong leasing wins and growth initiatives

First Industrial Realty Trust delivered a solid performance in Q2 2024 with leasing successes and new projects driving growth. While facing challenges such as market vacancy increases, the company's strategic disposals and updated FFO guidance reflect a proactive approach to enhancing shareholder value.

First Industrial Realty Trust excels in Q3 amidst market challenges

First Industrial Realty Trust's Q3 2024 earnings call highlighted strong performance metrics, active development activities, and strategic portfolio management. While facing challenges such as market vacancy increases and regulatory impacts, the company is well-positioned to leverage opportunities in the industrial real estate sector for continued growth.

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First Industrial Realty Trust, Inc. engages in the ownership, management, acquisition, sale, development, and redevelopment of industrial real estate. The firm product portfolio includes bulk warehouse, regional warehouse, R&D/flex, and light industrial properties. The company was founded by Johannson L. Yap, Robert L. Denton, Sr., and Jay H. Shidler on August 10, 1993, and is headquartered in Chicago, IL.

The management team at First Industrial Realty Trust has continued to create attractive value for the company's investors.

First Industrial Realty Trust: Still Not The Right Moment

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First Industrial Realty Trust, Inc. (FR) CEO Peter Baccile on Q4 2021 Results - Earnings Call Transcript

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First Industrial Realty Trust (FR) delivered FFO and revenue surprises of 1.96% and 0.20%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

First Industrial Realty Trust (FR) Surpasses Q4 FFO and Revenue Estimates

CHICAGO, Feb. 9, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the fourth quarter and full year 2021. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.87 in the fourth quarter, compared to $0.65 a year ago.

FIRST INDUSTRIAL REALTY TRUST REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

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CHICAGO, Jan. 20, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, will host its fourth quarter and full year 2021 results conference call on Thursday, February 10, 2022 at 10:00 a.m. CST (11:00 a.m.

First Industrial Realty Trust To Host Fourth Quarter And Full Year 2021 Results Conference Call On February 10

CHICAGO, Jan. 19, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today reported the tax treatment of its 2021 distributions. This release is based on the preliminary results of work on the Company's tax filings and may be subject to correction or adjustment when the filings are completed.

FIRST INDUSTRIAL REALTY TRUST REPORTS TAX TREATMENT OF COMMON STOCK DISTRIBUTIONS

First Industrial Realty Trust (FR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

First Industrial Realty Trust (FR) Upgraded to Buy: Here's What You Should Know

First Industrial Realty Trust has generated attractive performance over time, and that performance continues into the current fiscal year. The company is a solid long-term prospect that should create meaningful shareholder value.

First Industrial Realty Trust: Shares Offer Limited, If Any, Upside

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First Industrial Realty Trust (FR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

First Industrial Realty Trust (FR) Upgraded to Buy: What Does It Mean for the Stock?

First Industrial Realty Trust, Inc. (FR) CEO Peter Baccile on Q3 2021 Results - Earnings Call Transcript

CHICAGO, Oct. 20, 2021 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the third quarter of 2021. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.33, compared to $0.28 a year ago and third quarter FFO was $0.51 per share/unit on a diluted basis, compared to $0.49 per share/unit a year ago.

First Industrial Realty Trust Reports Third Quarter 2021 Results

CHICAGO, Oct. 6, 2021 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, will host its third quarter 2021 results conference call on Thursday, October 21, 2021 at 10:00 a.m. CDT (11:00 a.m.

First Industrial Realty Trust To Host Third Quarter 2021 Results Conference Call On October 21

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First Industrial Realty Trust (FR) CEO Peter Baccile on Q2 2021 Results - Earnings Call Transcript

First Industrial Realty Trust (FR) delivered FFO and revenue surprises of 2.13% and 1.36%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

First Industrial Realty Trust (FR) Beats Q2 FFO and Revenue Estimates

CHICAGO, July 21, 2021 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the second quarter of 2021. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.40, compared to $0.28 a year ago and second quarter FFO was $0.48 per share/unit on a diluted basis, compared to $0.46 per share/unit a year ago.

First Industrial Realty Trust Reports Second Quarter 2021 Results

CHICAGO, July 7, 2021 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced it has closed a $750 million senior unsecured revolving credit facility. The facility amends and restates the Company's previous revolving credit facility.

First Industrial Realty Trust Closes $750 Million Unsecured Revolving Credit Facility and $200 Million Unsecured Term Loan

CHICAGO, July 7, 2021 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, will host its second quarter 2021 results conference call on Thursday, July 22, 2021 at 10:00 a.m. CDT (11:00 a.m.

First Industrial Realty Trust To Host Second Quarter 2021 Results Conference Call On July 22

CHICAGO, June 7, 2021 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, will present at Nareit's REITweek: 2021 Investor Conference on Wednesday, June 9, 2021 at 11:45 AM EDT (10:45 AM CDT). To access the Company's live presentation, attendees are required to register for Nareit's REITweek using the following link: Nareit REITweek Registration  A replay will also be available via the registration link for a limited time.

First Industrial Realty Trust To Participate In Nareit's REITweek: 2021 Investor Conference

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