FR - Earnings announcements

Cash Same Store NOI Growth of 8.7%Cash Rental Rates Up 32% in 1Q2641% Cash Rental Rate Increase on Leases Signed To Date Commencing in 2026; Includes 556,000 SF Renewal in the Inland EmpireSigned Agreement with 3PL Credit Watchlist Tenant; Collected Approximately 60% of Balance Owed at Year-End 2025 with Scheduled Payments to Collect Remainder by End of 2026Signed 383,000 SF of New Leases for Several Development Projects in the First Quarter and Second Quarter To DateStarted Two Developments in the First Quarter Totaling 305,000 SF in Miami and Dallas, Estimated Investment of $70 MillionClosed $425 Million and $375 Million Unsecured Term LoansIncreased First Quarter 2026 Dividend to $0.50 Pe

Announces Property Tours for Investors/Analysts: Southern California May 12th and New Jersey June 4thCHICAGO, April 8, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its first quarter 2026 results conference call on Thursday, April 23, 2026 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (833) 890-3273, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com.

2025 NAREIT FFO/Share Growth of 11.7%32% Cash Rental Rate Increase on Leases Commencing in 2025; 37% Increase Excluding 1.3 MSF Fixed-Rate Renewal35% Cash Rental Rate Increase on Leases Signed To Date Commencing in 2026Cash Same Store NOI Growth of 7.1% for the Full Year 2025Increased First Quarter 2026 Dividend to $0.50 Per Share, a 12.4% IncreaseAcquired the Last Remaining Building from Our Camelback 303 JV in Phoenix in the Fourth Quarter; 968,000 SF, 100% Leased, $125 Million Purchase PriceStarted Two Developments in 1Q26 To Date Totaling 305,000 SF in Miami and Dallas, Estimated Investment of $70 MillionSigned 447,000 SF of New Leases for Development Projects in the Fourth Quarter; 231,

CHICAGO, Jan. 8, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its fourth quarter and full year 2025 results conference call on Thursday, February 5, 2026 at 10:00 a.m. CST (11:00 a.m. EST). The conference call may be accessed by dialing (833) 890-3273, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's fourth quarter and full year 2025 results wil

Signed 772,000 SF of New Leases for Development Projects in the Third Quarter and Fourth Quarter To-DateRemaining 501,000 SF at Building C at Our Camelback 303 JV in Phoenix in 3Q2556,000 SF at First Park Miami Building 3 in South Florida in 3Q25159,000 SF at First Harley Knox Logistics Center in the Inland Empire in 4Q2557,000 SF at First Park Miami Building 12 in South Florida in 4Q2532% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 37% Increase Excluding 1.3 MSF Fixed-Rate Renewal31% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 20262025 NAREIT FFO Guidance Increased $0.04 at the Midpoint to $2.94 to $2.98 Per Share/UnitCHICAGO, Oct. 15, 2025 /P

CHICAGO, Sept. 23, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its third quarter 2025 results conference call on Thursday, October 16, 2025 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (833) 890-3273, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's third quarter 2025 results will be released on Wednesday,

Second Quarter Cash Same Store NOI Growth of 8.7%33% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 38% Increase Excluding 1.3 MSF Fixed-Rate RenewalSigned a 58,000 SF Lease at First Loop Logistics Park Building 4 in Orlando in the Second QuarterEarned 'BBB+' Unsecured Credit Rating from Fitch RatingsIssued $450 Million of 5.25% Senior Unsecured Notes Due January 2031, Our First Public Bond Offering Since 2007CHICAGO, July 16, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced results for the second quarter of 2025. First Industrial's diluted net income

CHICAGO, July 1, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its second quarter 2025 results conference call on Thursday, July 17, 2025 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (833) 890-3273, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's second quarter 2025 results will be released on Wednesday, Jul

Cash Same Store NOI Growth of 10.1%Cash Rental Rates Up 42% in 1Q2530% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 36% Increase Excluding 1.3 Million Square-Foot Fixed-Rate RenewalAcquired Two 100% Leased Buildings from Our Camelback 303 JV in Phoenix; 796,000 Square Feet, $120 Million Purchase Price, Net of Our Share of Gain on Sale and Promote, Cash Yield of 6.4%Two Planned Development Starts for 2Q25 Totaling 402,000 Square Feet in Dallas and Philadelphia, $54 Million Estimated Investment, Estimated Combined Cash Yield of 8% Renewed Unsecured Revolving Credit Facility, Upsizing It $100 Million to $850 Million, and Renewed $200 Million Unsecured Term LoanIncrease

CHICAGO, March 28, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its first quarter 2025 results conference call on Thursday, April 17, 2025 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's first quarter 2025 results will be released on Wednesday, A

2025 NAREIT FFO Guidance Initiated at a Range of $2.87 to $2.97 Per Share/Unit, Approximately 10% Growth at the MidpointIncreased First Quarter 2025 Dividend to $0.445 Per Share, a 20.3% IncreaseSigned 4.7 Million Square Feet of Development Leases in 2024 Inclusive of Joint Venture, Second Highest Annual Total Since 2012; 1.4 Million Square Feet Signed in the Fourth QuarterCash Rental Rates Up 50.8%, Second Consecutive Annual Increase Greater Than 50%33% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 42% Increase Excluding 1.3 Million Square-Foot Fixed-Rate RenewalCash Same Store NOI Growth of 9.3% in the Fourth Quarter, 8.1% for Full Year 2024Started Two Developments

CHICAGO, January 13, 2025 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its fourth quarter and full year 2024 results conference call on Thursday, February 6, 2025 at 10:00 a.m. CST (11:00 a.m. EST). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's fourth quarter and full year 2024 result

51% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024; Includes 300,000 Square-Foot Southern California RenewalCash Same Store NOI Growth of 7.6% in the Third Quarter33% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025Started a 542,000 Square-Foot Development in Nashville, Estimated Investment of $54 MillionAcquired Fully Leased Four-Building Portfolio in Houston for $29 MillionSold Ten Buildings for $101 Million in the Third Quarter and Fourth Quarter To-Date2024 NAREIT FFO Guidance Increased $0.02 at the Midpoint to $2.61 to $2.65 Per Share/UnitCHICAGO, Oct. 16, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully int

CHICAGO, Oct. 1, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its third quarter 2024 results conference call on Thursday, October 17, 2024 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's third quarter 2024 results will be released on Wednesday, Oc

Signed 1.1 Million Square Feet of New Leases for Speculative Developments in the Second Quarter and Third Quarter To-DateSigned a 212,000 Square-Foot Partial Build-to-Suit Lease in the Second QuarterStarted Two Developments in South Florida and the Partial Build-To-Suit in Houston Totaling 683,000 Square Feet, Estimated Investment of $109 MillionRenewed Largest 2025 Lease Rollover of 1.3 Million Square FeetRenewed One of the Two Largest Remaining 2024 Expirations in Southern California for 221,000 Square Feet45% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024Sold Eight Buildings for $90 Million in the Second Quarter and Third Quarter To-Date2024 NAREIT FFO Guidance Incr

CHICAGO, June 25, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its second quarter 2024 results conference call on Thursday, July 18, 2024 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's second quarter 2024 results will be released on Wednesday, J

Signed 1.6 Million Square Feet of New Leases for Speculative Developments on Balance Sheet and 376,000 Square Feet in the Joint Venture in the First Quarter45% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024Cash Same Store NOI Growth of 10.0%Sold Nine Buildings for $49 MillionIncreased First Quarter 2024 Dividend to $0.37 Per Share; 15.6% Growth Compared to Prior Quarterly RateCHICAGO, April 17, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced results for the first quarter of 2024. First Industrial's diluted net income available to common stockholders pe

CHICAGO, March 20, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its first quarter 2024 results conference call on Thursday, April 18, 2024 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's first quarter 2024 results will be released on Wednesday, A

Cash Rental Rates Up 58.3% in 2023, Highest Annual Increase in Company History39% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024Cash Same Store NOI Growth of 8.4% for Full Year 2023Leased 100% of the 644,000 Square-Foot and 50% of the 349,000 Square-Foot Old Post Road Buildings in BaltimoreSigned 705,000 Square Feet of New Leases for Speculative Developments in the Fourth Quarter 2023 and First Quarter 2024 To-Date Inclusive of Joint VentureSold Seven Buildings for $64 Million in the Fourth Quarter; $125 Million Sold in 20232024 NAREIT FFO Guidance Initiated at a Range of $2.54 to $2.64 Per Share/Unit; $2.56 to $2.66 Per Share/Unit Excluding Accelerated ExpenseIncrease

CHICAGO, Jan. 17, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its fourth quarter and full year 2023 results conference call on Thursday, February 8, 2024 at 9:00 a.m. CST (10:00 a.m. EST). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's fourth quarter and full year 2023 results wi

CHICAGO, Oct. 4, 2023 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, will host its third quarter 2023 results conference call on Thursday, October 19, 2023 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's third quarter 2023 results will be released on Wednesday, Oc

Cash Rental Rates Up 74.1% in 2Q23Cash Rental Rate Increase of 63% on Leases Signed To-Date Commencing in 2023Cash Same Store NOI Growth of 10.8% in 2Q23; Occupancy of 97.7% at Quarter-EndRenewed Largest 2024 Lease Rollover of 700,000 Square FeetSigned 673,000 Square Feet of New Leases for Speculative Developments in the Second Quarter and Third Quarter To-Date Inclusive of Joint Venture2023 FFO Guidance Increased $0.01 at Midpoint to $2.35 to $2.43 Per Share/Unit Which Excludes $0.02 Per Share 1Q23 Accelerated Recognition of Tenant Improvement ReimbursementCHICAGO, July 19, 2023 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and dev

CHICAGO, July 6, 2023 /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 2023 results conference call on Thursday, July 20, 2023 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's second quarter 2023 results will be released on Wednesday, Ju

Cash Rental Rates Up 58.3%Cash Rental Rate Increase of 56% on Leases Signed To Date Commencing in 2023Occupancy of 98.7%; Cash Same Store NOI Growth of 8.1%Signed 394,000 Square Feet of New Leases for Speculative Developments Year-To-DateStarted a 358,000 Square-Foot Development in the Philadelphia Market, Estimated Investment of $61 MillionSold 31 Acres at Camelback 303 Joint Venture in Phoenix for $50 Million; FR's Share of Gain and Incentive Fee Before Tax of $24 Million; Purchase Option Agreement and Ground Lease with Buyer for Additional 71 Acres2023 FFO Guidance Increased $0.04 at Midpoint to $2.33 to $2.43 Per Share/Unit, Excluding 1Q23 Accelerated Recognition of Tenant Improvement Re

CHICAGO, April 4, 2023 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of industrial real estate, will host its first quarter 2023 results conference call on Thursday, April 20, 2023 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (888) 317-6003, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's first quarter 2023 results will be released on Wednesday, Ap

Year-End Occupancy of 98.8% and Full Year Cash Same Store NOI Growth of 10.1%, Both Company Records Cash Rental Rates Up 26.7% in 2022, Highest Annual Increase in Company HistoryCash Rental Rate Increase of 33% on Leases Signed To Date Commencing in 2023Started a Million Square-Foot Development in Northern California, Estimated Investment of $126 MillionPlaced In Service 4.1 Million Square Feet of Developments in 2022; 100% Leased, Estimated Total Investment of $448 Million, Cash Yield of 6.6%Sold One Property for $54 Million in the Fourth Quarter; $178 Million Sold in 2022Increased First Quarter 2023 Dividend to $0.32 Per Share, an 8.5% IncreaseCHICAGO, Feb. 8, 2023 /PRNewswire/ -- First In

CHICAGO, Jan. 24, 2023 /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 2022 results conference call on Thursday, February 9, 2023 at 10:00 a.m. CST (11:00 a.m. EST). The conference call may be accessed by dialing (877) 870-4263, passcode "First Industrial". The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's fourth quarter and full year 2022 results w

2022 FFO Guidance Increased $0.04 at the Midpoint to $2.21 to $2.25 Per Share/UnitOccupancy of 98.3%; Cash Rental Rates Up 30.9%; Cash Same Store NOI Grew 8.5%25% Cash Rental Rate Increase on 2022 Rollovers and New Leases Signed To-DateStarted a 155,000 Square-Foot Development in the Inland Empire, Estimated Investment of $29 MillionStarted a Three-Building 1.8 Million Square-Foot Development at the Camelback 303 Joint Venture in Phoenix; Total Estimated Investment of $210 MillionCompleted $123 Million of Asset Sales in the Third Quarter; Exited Cleveland MarketClosed $300 Million Unsecured Delayed Draw Term LoanCHICAGO, Oct. 19, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE

CHICAGO, Sept. 30, 2022 /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 2022 results conference call on Thursday, October 20, 2022 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (877) 870-4263 and entering the conference ID 10171701. The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's third quarter 2022 results will be released on

2022 FFO Guidance Increased $0.04 at the Midpoint to $2.15 to $2.23 Per Share/UnitOccupancy of 98.4%; Cash Rental Rates Up 27.0%; Cash Same Store NOI Grew 9.4%Leased 100% of 1.1 Million Square-Foot First Logistics Center @ 283 in Central Pennsylvania and 208,000 Square-Foot First Bordentown Logistics Center in New JerseySold 391 Acres at Camelback 303 Joint Venture in Phoenix for $255 Million; FR's Share of Gain and Promote Before Tax of $104 MillionStarted Four Developments in the Second Quarter Totaling 875,000 Square Feet, Estimated Investment of $154 Million Closed $425 Million Unsecured Term Loan Which Refinanced the Prior $260 Million Term LoanPaid Off $68 Million Mortgage Loan at an I

CHICAGO, July 7, 2022 /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 2022 results conference call on Thursday, July 21, 2022 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (888) 504-7949, passcode 352927. The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's second quarter 2022 results will be released on Wednesday, July 20, 2022

Cash Same Store NOI Grew 14.4%; Occupancy of 98.0%; Cash Rental Rates Up 12.7%Signed 72% of 2022 Rollovers To-Date at a Cash Rental Rate Increase of 20%Started Five Developments in the First Quarter Totaling 1.3 Million Square Feet, Estimated Investment of $168 Million Announced a Planned Development Start for Second Quarter of 83,000 Square Feet in the Inland Empire, Estimated Investment of $21 MillionIn-Process Developments Plus Planned 2Q22 Start Total $751 Million of Estimated Investment and 6.3 Million Square Feet 2022 FFO Guidance Increased $0.01 at the Midpoint to $2.10 to $2.20 Per Share/UnitIn 2Q22, Closed New $425 Million Unsecured Term Loan Which Refinances the $260 Million Term L

CHICAGO, March 31, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of industrial real estate, will host its first quarter 2022 results conference call on Thursday, April 21, 2022 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (866) 542-2938 and entering the conference ID 9392409. The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's first quarter 2022 results will be released on We

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. Full year 2021 EPS was $2.09, compared to $1.53 in 2020. First Industrial's fourth quarter FFO was $0.52 per share/unit on a diluted basis, compared to $0.44 per share/unit a year ago. Full year 20

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. EST). The conference call may be accessed by dialing (866) 542-2938 and entering the conference ID 6774884. The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's fourth quarter and full year 202

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. Excluding approximately $0.04 per share/unit of income related to the final settlement of an insurance claim, third quarter 2020 FFO was $0.45 per share/unit.

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. EDT). The conference call may be accessed by dialing (866) 542-2938 and entering the conference ID 2499227. The conference call will also be webcast live on the Investors page of the Company's website at www.firstindustrial.com. First Industrial's third quarter 2021 results will be released on We

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. "Our leasing wins, portfolio performance and development pipeline reflect the outstanding effort of our team in the s