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.
33 Articles
33 Articles
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…
FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2025 RESULTS - First Industrial Realty (NYSE:FR)
Cash Same Store NOI Growth of 10.1% Cash Rental Rates Up 42% in 1Q25 30% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2025; 36% Increase Excluding 1.3 Million Square-Foot Fixed-Rate Renewal Acquired 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 40…
First Industrial Realty Trust (NYSE:FR) Issues FY 2025 Earnings Guidance
First Industrial Realty Trust (NYSE:FR – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.870-2.970 for the period, compared to the consensus EPS estimate of 2.910. The company issued revenue guidance of -. Analysts Set New Price Targets Several analysts recently commented […]
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