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First Indl Rlty Tr Stock Price, News & Analysis

FR NYSE

Company Description

Overview of First Industrial Realty Trust Inc

First Industrial Realty Trust Inc (NYSE: FR) is an industrial real estate investment trust (REIT) dedicated to acquiring, owning, operating, developing, and redeveloping a diversified portfolio of industrial properties. Specializing in industrial real estate, logistics real estate, and supply chain solutions, the company offers a fully integrated operating platform that serves a broad tenant base. Its operations cater to multinational corporations and regional companies alike, ensuring that various businesses receive facilities integral to seamless supply chain management.

Comprehensive Business Model

The company employs a robust business model that spans multiple facets of industrial real estate. It generates revenue through leasing industrial properties, providing property management services, and investing in targeted development projects. This model also includes strategic acquisitions and dispositions, reflecting a balanced approach to portfolio management. The emphasis on bulk distribution centers, light industrial facilities, and specialized industrial assets demonstrates the company’s commitment to meeting the evolving requirements of contemporary logistics and distribution needs.

Operations and Customer Service

At the core of First Industrial’s operational excellence is its commitment to superior customer service and market responsiveness. With a team of experienced professionals who possess unmatched market knowledge, the company collaborates closely with its tenants to tailor solutions that address complex logistical challenges. This integrated approach is built on a foundation of deep industry expertise, ensuring that each property and service offering is aligned with current market demands and evolving supply chain dynamics.

Industrial Market Specialization

First Industrial Realty Trust Inc operates within the competitive realm of industrial real estate and logistics. Focused exclusively on industrial property types, the company stands as a major participant in markets that serve industries such as e-commerce, transportation, manufacturing, retail, consumer services, food and beverage, building materials, wholesale distribution, health services, and government operations. By concentrating solely on industrial assets, the company has been able to cultivate a high level of specialization, offering tenants and investors deep insights into industrial market trends and operational efficiencies.

Integrated Supply Chain Solutions

The company uniquely addresses the logistical challenges faced by modern businesses by providing integrated supply chain solutions. Its portfolio of industrial properties is designed to support the diverse needs of businesses that require strategic locations for distribution and operational efficiency. This focus on integration reflects a sophisticated understanding of how industrial assets interface with broader supply chain networks, positioning the company as a critical partner for tenants seeking long-term operational stability.

Operational Excellence and Expertise

Central to the company’s offering is its fully integrated operating and investing platform. This platform encompasses end-to-end management of industrial properties, from leasing and property management to development and strategic redevelopment. The disciplined management approach is supported by detailed market research and a granular understanding of tenant needs, allowing the company to deliver solutions that combine flexibility with operational rigor. Detailed property management and proactive asset repositioning practices are used to optimize occupancy and ensure stable cash flow generation over time.

Competitive Landscape and Market Position

Within the industrial real estate landscape, First Industrial Realty Trust Inc distinguishes itself by focusing solely on the logistics and industrial niche. This targeted focus ensures that every facet of their operations—from development to tenant servicing—is fine-tuned to the unique demands of the industrial sector. The company’s comprehensive market approach, reinforced by strategic acquisitions and an expansive network of industrial properties, positions it as a reliable source for high-quality industrial real estate solutions. By maintaining a concentrated portfolio and leveraging deep market knowledge, the company builds resilience in an environment characterized by rapid technological and logistical change.

Industry Expertise and Strategic Asset Management

Drawing on its decades of experience, the company combines traditional real estate management practices with innovative approaches to asset development. This dual focus enables it to balance immediate tenant needs with long-term asset appreciation. The expertise developed over years of market participation is evident in every aspect of the business—from the careful selection of property locations to the tailored development of facilities that meet the sophisticated requirements of modern industrial tenants. The strategic emphasis on customer-centric service and operational excellence further reinforces its credibility and long-standing commitment to market trustworthiness.

Diversified Tenant Base and Market Adaptability

Through a diversified tenant base that spans multiple sectors, First Industrial Realty Trust Inc continuously adapts to the evolving demands of the industrial market. The company’s portfolio is composed of a variety of industrial facility types, including large-scale distribution centers and specialized light industrial spaces. This diversity not only spreads risk across different market segments but also enables the company to remain agile amid changing economic conditions. Such adaptability is supported by a strong operational framework that is responsive to market signals, ensuring that the company remains a resilient and reliable partner for its tenants.

Conclusion

First Industrial Realty Trust Inc stands as a prime example of an industrial REIT that expertly balances operational proficiency with strategic asset management. Its extensive focus on logistics and industrial real estate, underpinned by thorough market analysis and dedicated customer service, offers a detailed insight into a sector that is critical for efficient supply chain operations. By providing integrated, end-to-end solutions, the company continues to play a significant role in addressing the complex challenges of industrial logistics, making it a noteworthy player in the competitive landscape of industrial real estate.

Stock Performance

$—
0.00%
0.00
Last updated:
-5.36 %
Performance 1 year
$6.3B
Market Cap
132.4M
Shares outstanding

SEC Filings

No SEC filings available for First Indl Rlty Tr.

Financial Highlights

$669,641,000
Revenue (TTM)
$295,988,000
Net Income (TTM)
$2.17
Diluted EPS (TTM)
$352,488,000
Operating Cash Flow
44.20%
Net Profit Margin
40.68%
Oper. Profit Margin

Upcoming Events

March 17, 2028
Term loan maturity

Frequently Asked Questions

What is the current stock price of First Indl Rlty Tr (FR)?

The current stock price of First Indl Rlty Tr (FR) is $47.31 as of April 25, 2025.

What is the market cap of First Indl Rlty Tr (FR)?

The market cap of First Indl Rlty Tr (FR) is approximately 6.3B.

What is the revenue (TTM) of First Indl Rlty Tr (FR) stock?

The trailing twelve months (TTM) revenue of First Indl Rlty Tr (FR) is $669,641,000.

What is the net income of First Indl Rlty Tr (FR)?

The trailing twelve months (TTM) net income of First Indl Rlty Tr (FR) is $295,988,000.

What is the earnings per share (EPS) of First Indl Rlty Tr (FR)?

The diluted earnings per share (EPS) of First Indl Rlty Tr (FR) is $2.17 on a trailing twelve months (TTM) basis.

What is the operating cash flow of First Indl Rlty Tr (FR)?

The operating cash flow of First Indl Rlty Tr (FR) is $352,488,000.

What is the profit margin of First Indl Rlty Tr (FR)?

The net profit margin of First Indl Rlty Tr (FR) is 44.20%.

What is the operating margin of First Indl Rlty Tr (FR)?

The operating profit margin of First Indl Rlty Tr (FR) is 40.68%.

What is the current ratio of First Indl Rlty Tr (FR)?

The current ratio of First Indl Rlty Tr (FR) is 2.09, indicating the company's ability to pay short-term obligations.

What is the operating income of First Indl Rlty Tr (FR)?

The operating income of First Indl Rlty Tr (FR) is $272,417,000.

What is the primary business focus of First Industrial Realty Trust Inc?

The company is focused on acquiring, managing, developing, and redeveloping industrial real estate assets that support logistics and supply chain operations.

How does the company generate its revenue?

Revenue is generated through leasing, operating, and managing industrial properties, as well as through strategic acquisitions and redevelopment projects that enhance asset value.

What types of properties are included in First Industrial's portfolio?

The portfolio includes bulk distribution centers, light industrial facilities, and other specialized industrial assets designed for logistics and supply chain efficiency.

Who are the typical tenants of First Industrial Realty Trust?

Tenants range from multinational corporations to regional companies across sectors such as e-commerce, manufacturing, transportation, retail, and more.

How does the company maintain quality and responsiveness in its services?

The company leverages its integrated operating platform and experienced professionals to deliver tailored solutions and exceptional customer service aligned with market demands.

What differentiates First Industrial Realty Trust from other REITs?

Its exclusive focus on industrial real estate, deep market insights, and integrated supply chain solutions set it apart in a competitive landscape.

How does the company manage market fluctuations?

By maintaining a diversified portfolio and employing proactive asset management strategies, the company mitigates risks associated with market volatility.

What is the significance of an integrated operating platform for the company?

An integrated platform allows the company to oversee every aspect of property management, from leasing to development, ensuring cohesive service and operational excellence.