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FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2025 RESULTS - First Industrial Realty (NYSE:FR)

  • First Industrial Realty Trust released its Q1 2025 results on April 16, 2025, in Chicago.
  • The company operates as a leading logistics real estate owner, operator, developer, and acquirer.
  • Q1 saw a 10.1% increase in cash basis same store NOI and a 41.7% rise in cash rental rates.
  • Peter E. Baccile, First Industrial's CEO, stated the team delivered solid results and executed key transactions.
  • The board increased the dividend to $0.445 per share, a 20.3% rise, payable April 21, 2025.
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Beatrice Daily SunBeatrice Daily Sun
+27 Reposted by 27 other sources
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FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2025 RESULTS

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…

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  • 76% of the sources are Center
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Benzinga broke the news in New York, United States on Wednesday, April 16, 2025.
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