First Industrial Realty Trust

-7.52%

First Industrial Realty Trust, Inc. is a real estate investment trust (REIT) that focuses on the ownership, management, acquisition, and development of industrial properties. Incorporated in 1993, the company is headquartered in Chicago, Illinois and has a portfolio of properties throughout the United States.
The company's goal is to provide high-quality industrial properties that meet the needs of tenants in various industries, including manufacturing, logistics, e-commerce, and more. They strive to maintain a strong balance sheet and financial performance, while also using sustainable and environmentally-friendly practices in their developments.
Overall, First Industrial Realty Trust is committed to being a leader in the industrial real estate market and providing value for their stakeholders, including tenants, investors, and employees.

1. Long history: First Industrial Realty Trust was founded in 1994 and is one of the oldest industrial real estate investment trusts (REITs) in the United States.
2. Focus on industrial properties: The company specializes in owning, managing, and developing industrial properties such as warehouses, distribution centers, and light industrial facilities.
3. Strong portfolio: First Industrial Realty Trust has a diverse portfolio of high-quality industrial properties located in major markets in the United States. As of 2021, the company owns and operates over 66 million square feet of industrial real estate.
4. Integrated platform: The company has an integrated platform that combines ownership, management, and development capabilities, allowing them to provide comprehensive solutions to clients.
5. Sustainable practices: First Industrial Realty Trust is committed to sustainable practices and has implemented various environmental initiatives in their operations. This includes energy-saving projects, LEED certifications, and green building practices.
6. Strong financial performance: The company has consistently delivered strong financial performance, generating stable cash flows and dividends for its shareholders.
7. Customer-centric approach: First Industrial Realty Trust has a customer-centric approach, with a focus on building long-term relationships with its tenants. This has helped them maintain high occupancy rates and a strong tenant retention rate.
8. Experienced management team: The company has a highly experienced management team with a proven track record of successfully managing and developing industrial properties.
9. Commitment to community: First Industrial Realty Trust is committed to giving back to the communities in which it operates. The company supports various philanthropic initiatives and encourages its employees to volunteer and get involved in the local community.
10. Recognized as a top company: First Industrial Realty Trust has been consistently recognized for its excellence in the industrial real estate sector, including being named one of Fortune’s “World’s Most Admired Companies” in the real estate industry and one of NAIOP’s “Top Industrial Developers.”