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First Industrial Realty Trust, Inc. reports developments for a U.S.-only industrial REIT that owns, operates, develops and acquires logistics properties. Company updates commonly address operating results, common stock dividends, portfolio activity, development pipeline priorities and capital allocation across its logistics real estate platform.
News also covers governance matters, including annual meeting results, board composition, shareholder voting campaigns and responses to shareholder communications. The company's tenant base spans supply chain users such as e-commerce, logistics, transportation, manufacturing, retail, food and beverage, building materials, wholesale goods, health services and government customers.
First Industrial Realty Trust (NYSE: FR) announced that shareholders re-elected six incumbent directors with each receiving support from more than 93% of the voted shares. Frank E. Schmitz will join the board on June 1, 2026, bringing the board to seven directors, six independent.
All other annual meeting proposals were approved with over 95% support. First Industrial owns and has under development approximately 71.6 million sq ft across 15 target MSAs as of March 31, 2026. The company will file final results on a Form 8-K with the SEC.
First Industrial (NYSE: FR) declared a quarterly common stock dividend of $0.50 per share/unit for the quarter ending June 30, 2026. The dividend is payable on July 20, 2026 to shareholders of record on June 30, 2026.
First Industrial reports owning and having under development approximately 71.6 million square feet of industrial space across 15 target MSAs as of March 31, 2026.
First Industrial Realty Trust (NYSE: FR) reported Q1 2026 results: EPS $1.08 vs $0.36 a year ago and FFO $0.68 per share/unit (FFO ex-advisory $0.72). Cash SS NOI increased 8.7% and cash rental rates rose 32% in the quarter. The board raised the quarterly dividend to $0.50 (up 12.4%). The company started two developments (305,000 SF, estimated $70M), signed major leases (including a 556,000 SF Inland Empire renewal), closed $425M and $375M unsecured term loans, and established a $250M share repurchase program.
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First Industrial Realty Trust (NYSE: FR) will host its Q1 2026 results conference call on April 23, 2026 at 10:00 a.m. CDT (11:00 a.m. EDT); results will be released April 22, 2026 after market close.
Access by phone or live webcast on the company's investor website; replay available through May 7, 2026. The company also announced investor property tours in Southern California on May 12, 2026 and New Jersey on June 4, 2026. First Industrial reports owning and developing approximately 71.6 million square feet in 15 target MSAs as of December 31, 2025.
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First Industrial Realty Trust (NYSE: FR) appointed Frank E. Schmitz to its board effective June 1, 2026 and authorized a new $250 million common stock repurchase program. The company also plans a series of investor/analyst market tours in 2026 and reports owning about 71.6 million square feet as of Dec 31, 2025.
The repurchase authorization has no expiration date and will be executed opportunistically based on market conditions and strategic priorities.
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