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First Industrial Realty Trust, Inc. reports developments for a U.S.-only industrial REIT that owns, operates, develops and acquires logistics properties. Company updates commonly address operating results, common stock dividends, portfolio activity, development pipeline priorities and capital allocation across its logistics real estate platform.
News also covers governance matters, including annual meeting results, board composition, shareholder voting campaigns and responses to shareholder communications. The company's tenant base spans supply chain users such as e-commerce, logistics, transportation, manufacturing, retail, food and beverage, building materials, wholesale goods, health services and government customers.
First Industrial Realty Trust (NYSE: FR), a leading U.S. logistics real estate owner and operator, has scheduled its third quarter 2025 earnings conference call for October 16, 2025, at 10:00 a.m. CDT. The company will release its Q3 2025 results on October 15, 2025, after market close.
First Industrial manages approximately 70.5 million square feet of industrial space across 15 target MSAs, focusing on supply-constrained, coastal markets. Investors can access the conference call via phone at (833) 890-3273 or through a live webcast on the company's website. A replay will be available through October 30, 2025.
First Industrial Realty Trust (NYSE: FR), a leading U.S. industrial real estate owner and operator, has declared a quarterly dividend of $0.445 per share for Q3 2025. The dividend will be payable on October 20, 2025 to stockholders of record as of September 30, 2025.
The company currently owns and has under development approximately 70.5 million square feet of industrial space across 15 target Metropolitan Statistical Areas (MSAs), with a focus on supply-constrained, coastal markets. First Industrial provides logistics facilities and services to multinational corporations and regional companies through its integrated operating and investing platform.
First Industrial Realty Trust (NYSE: FR), a leading U.S. logistics real estate owner and operator, reported strong Q2 2025 results with notable financial and operational achievements. The company posted diluted EPS of $0.42 (up from $0.39 YoY) and FFO of $0.76 per share (up from $0.66 YoY).
Key highlights include 8.7% cash same-store NOI growth, a 33% cash rental rate increase on 2025 lease signings, and successful leasing of 58,000 SF at First Loop Logistics Park in Orlando. The company received a BBB+ credit rating from Fitch and completed a $450 million senior unsecured notes offering at 5.25% due 2031.
Portfolio occupancy stood at 94.2%, with management maintaining their 2025 FFO guidance of $2.88 to $2.96 per share/unit.
[ "Q2 2025 FFO increased 15.2% YoY to $0.76 per share", "Strong 8.7% cash same-store NOI growth in Q2", "33% cash rental rate increase on 2025 lease signings", "Achieved BBB+ credit rating upgrade from Fitch", "Successfully issued $450M in senior unsecured notes", "Started two development projects totaling 402,000 SF with $54M investment" ]First Industrial Realty Trust (NYSE: FR), a leading U.S.-focused owner, operator, developer, and acquirer of logistics properties, has scheduled its second quarter 2025 earnings conference call for Thursday, July 17, 2025, at 10:00 a.m. CDT. The company will release its Q2 2025 results on Wednesday, July 16, 2025, after market close.
First Industrial maintains a substantial portfolio of approximately 70.2 million square feet of industrial space as of March 31, 2025, with investments concentrated across 15 target MSAs, particularly in supply-constrained, coastal markets. The conference call will be accessible via telephone at (833) 890-3273 with passcode "First Industrial" and will also be webcast on the company's investor relations website.
First Industrial Realty Trust (NYSE: FR) has priced a public offering of $450 million in senior unsecured notes with a 5.25% interest rate, due in January 2031. The notes were priced at 99.265% of principal value, with settlement expected on May 14, 2025. The offering will be guaranteed by the company and proceeds will fund property acquisitions, development, debt refinancing, and general corporate purposes.
First Industrial Realty Trust is a leading U.S.-focused owner, operator, developer, and acquirer of logistics properties, with approximately 70.2 million square feet of industrial space owned and under development across 15 target MSAs as of March 31, 2025, primarily in supply-constrained, coastal markets.
First Industrial Realty Trust (NYSE: FR) has announced a quarterly common stock dividend of $0.445 per share for Q2 2025, payable on July 21, 2025, to stockholders of record on June 30, 2025.
As a leading U.S.-focused owner, operator, developer, and acquirer of logistics properties, First Industrial maintains a significant presence in the industrial real estate sector. The company's portfolio spans approximately 70.2 million square feet of industrial space as of March 31, 2025, concentrated across 15 target MSAs with emphasis on supply-constrained, coastal markets.
Through their integrated operating and investing platform, First Industrial provides high-quality facilities and industry-leading customer service to both multinational corporations and regional firms crucial for supply chain operations.
First Industrial Realty Trust (NYSE: FR) reported strong Q1 2025 results with notable growth metrics. Cash Same Store NOI increased by 10.1%, while cash rental rates surged 41.7% in Q1. The company achieved a 30% cash rental rate increase on 2025 lease commitments.
Key highlights include the acquisition of two 100% leased buildings in Phoenix for $120 million with a 6.4% cash yield, and plans for two new developments totaling 402,000 square feet in Dallas and Philadelphia with an estimated investment of $54 million. The company renewed and upsized its credit facility to $850 million and renewed a $200 million term loan.
Q1 2025 financial results showed diluted EPS of $0.36 compared to $0.52 year-ago, while FFO reached $0.68 per share/unit versus $0.60 last year. The company increased its quarterly dividend by 20.3% to $0.445 per share.
First Industrial Realty Trust (NYSE: FR) has announced a significant initiative with other major industrial REITs to standardize non-GAAP property metrics calculations across the sector. The coalition, including EastGroup Properties, Prologis, and STAG Industrial, has updated their methodology for key metrics such as property stabilization, occupancy, rent change, and customer retention.
The initiative builds upon their 2018 harmonization efforts and maintains that annual same-store portfolio calculations will only include properties stabilized in both current and prior periods. The standardization will be implemented in First Industrial's 2025 guidance and is not expected to materially impact non-GAAP metrics for periods before 2025.
First Industrial currently owns and has under development approximately 69.5 million square feet of industrial space across 15 target MSAs, focusing on supply-constrained, coastally oriented markets as of December 31, 2024.
First Industrial Realty Trust (NYSE: FR), a leading U.S. logistics real estate owner and operator, has scheduled its first quarter 2025 earnings conference call for April 17, 2025, at 10:00 a.m. CDT. The company will release Q1 2025 results on April 16, 2025, after market close.
The conference call will be accessible via phone at (877) 870-4263 and webcast on the company's website. A replay will be available through May 1, 2025.
First Industrial currently owns and has under development approximately 69.5 million square feet of industrial space as of December 31, 2024. The company's portfolio and investments focus on 15 target MSAs, particularly in supply-constrained, coastal markets.