US EditionFirst Industrial Realty Trust Reports Second Quarter 2025 Results - First Industrial Realty (NYSE:FR)
CHICAGO, ILLINOIS, USA, JUL 17 – First Industrial Realty Trust posted net income of $55.2 million and raised rental rates up to 47.1%, while Fitch Ratings upgraded its senior unsecured debt to BBB+.
- On July 16, 2025, First Industrial Realty Trust reported $180.2 million in revenue and $55.2 million in net income.
- In May, Fitch Ratings upgraded First Industrial Realty Trust's senior unsecured debt to `BBB+`, and the company completed a $450 million bond offering, strengthening its capital position.
- Funds from operations grew 16.7%, reflecting improved leasing activity, while FFO reached $102.8 million .
- Investors can access First Industrial Realty Trust's quarterly conference call on Thursday, July 17, 2025 at 10:00 a.m. CDT, and dial 890-3273 with passcode `First Industrial`.
- Guidance points to full-year funds from operations in the range of $2.88 to $2.96 per share, with approximately 33% rental rate increase on leases commencing in 2025.
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Waterloo Cedar Falls Courier+27 Reposted by 27 other sources
First Industrial Realty Trust Reports Second Quarter 2025 Results
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…
·Waterloo, United States
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