NYSE:FR Stock Quote
First Industrial Realty Trust is a leading real estate investment trust focused on the ownership, management, and development of industrial properties across the United States
The company specializes in logistics and warehouse space, catering to various industries that require efficient distribution and supply chain solutions. By providing high-quality facilities in strategic locations, First Industrial Realty Trust supports tenants with their operational needs while also driving value through proactive property management and development initiatives. With a commitment to sustainable practices, the company aims to enhance the performance and longevity of its properties in a rapidly evolving market.
Frequently Asked Questions
How does First Industrial Realty Trust adjust to market trends?
First Industrial Realty Trust continuously monitors market trends and adjusts its strategies accordingly. The company leverages data analytics and market research to identify shifts in demand, enabling it to make informed decisions about property acquisitions, development, and tenant relationships.
How does First Industrial Realty Trust generate revenue?
First Industrial Realty Trust generates revenue primarily through rental income from its industrial properties. As tenants occupy these facilities and pay rent, the company earns regular income, which is then distributed to shareholders in the form of dividends. Additionally, revenue can be generated through property sales and leasing activities.
How does First Industrial Realty Trust manage its properties?
First Industrial Realty Trust employs a hands-on management approach to its properties, focusing on maintaining high occupancy rates and tenant satisfaction. The company uses experienced property management teams to oversee operations, conduct regular maintenance, and enhance the overall value of its real estate assets.
How has First Industrial Realty Trust performed financially?
First Industrial Realty Trust has exhibited strong financial performance, driven by increasing rental rates and high occupancy levels within its portfolio. The company's well-managed operations and strategic acquisitions have contributed to consistent revenue growth, making it an attractive investment option in the REIT sector.
On which stock exchange is First Industrial Realty Trust listed?
First Industrial Realty Trust is listed on the New York Stock Exchange (NYSE) under the ticker symbol 'FR'. This listing provides accessibility for investors looking to participate in the growing industrial real estate sector through a well-established REIT.
What are the environmental commitments of First Industrial Realty Trust?
First Industrial Realty Trust is committed to sustainability and environmental responsibility, actively seeking to implement energy-efficient practices in its properties. The company's initiatives include reducing carbon footprints, improving energy performance, and incorporating sustainable materials in property upgrades and new developments.
What are the growth opportunities for First Industrial Realty Trust?
First Industrial Realty Trust has several growth opportunities, particularly through the continued expansion of e-commerce, which drives demand for logistics and warehouse space. Additionally, the company plans to leverage redevelopment and value-add strategies on existing properties, as well as pursue strategic acquisitions in high-demand markets.
What challenges does First Industrial Realty Trust face?
First Industrial Realty Trust faces several challenges, including competitive pressures in the industrial real estate market, fluctuations in demand, and potential economic downturns. Additionally, changes in regulations or shifts in industry trends can impact its growth strategy and operational performance.
What does First Industrial Realty Trust, Inc. do?
First Industrial Realty Trust, Inc. is a leading provider of real estate investment and management services, primarily focused on the acquisition, development, and management of industrial properties. The company specializes in logistics and distribution facilities, making it a key player in the growing e-commerce sector. With a portfolio that spans major U.S. markets, it aims to meet the high-demand needs of retailers and manufacturers.
What is a REIT?
A REIT, or Real Estate Investment Trust, is a company that owns, operates, or finances income-generating real estate. By pooling capital from numerous investors, REITs provide a way to invest in large-scale, income-producing real estate without requiring an individual to buy properties directly. They also typically offer dividends from the income generated through rents and property sales.
What is First Industrial Realty Trust's market position?
First Industrial Realty Trust is one of the largest publicly traded industrial-focused REITs in the United States. Its strong market position is due to its well-diversified portfolio, strategic asset locations, and the ability to adapt to changing market conditions, making it a preferred choice for tenants looking for quality industrial space.
What is the dividend policy of First Industrial Realty Trust?
First Industrial Realty Trust has a well-established dividend policy that aims to provide shareholders with a reliable yield through regular dividend payments. As a REIT, the company is required to distribute at least 90% of its taxable income to shareholders, which allows it to maintain favorable tax treatment and reinforces its commitment to returning capital to investors.
What is the geographic focus of First Industrial Realty Trust?
First Industrial Realty Trust focuses on major metropolitan areas within the United States, particularly those with strong supply chain and distribution networks. This geographic focus is strategic, as it positions the company to capitalize on growing demand for industrial space in regions where e-commerce and logistics operations are booming.
What is the investment strategy of First Industrial Realty Trust?
First Industrial Realty Trust’s investment strategy focuses primarily on acquiring and managing properties in key logistics markets across the United States. The company seeks to identify value-add opportunities, maximize property utilization, and enhance operational efficiencies, ensuring that it meets the needs of tenants while delivering reliable returns to shareholders.
What type of properties does First Industrial Realty Trust primarily invest in?
First Industrial Realty Trust primarily invests in industrial properties, including distribution centers, warehouses, and logistics facilities. The focus on this asset class enables the company to benefit from robust demand driven by e-commerce growth and the increasing need for efficient supply chain solutions across various industries.
What types of tenants does First Industrial Realty Trust serve?
First Industrial Realty Trust serves a diverse array of tenants, including logistics companies, e-commerce retailers, wholesalers, manufacturers, and third-party logistics providers. This diversification reduces risk and enhances stability in the company's rental income, allowing it to better withstand economic fluctuations.
When was First Industrial Realty Trust founded?
First Industrial Realty Trust was founded in 1994 and has since established itself as a prominent player in the real estate investment trust (REIT) sector. Over the years, it has grown its portfolio significantly through strategic acquisitions and developments, focusing on the industrial market to capitalize on trends in supply chain management and online retailing.
Where is First Industrial Realty Trust headquartered?
First Industrial Realty Trust is headquartered in Chicago, Illinois. This strategic location allows the company to oversee and manage its properties effectively across major logistical hubs in the United States, enhancing its operational capabilities and customer service in the industrial real estate market.
Who are the current executives of First Industrial Realty Trust?
First Industrial Realty Trust is led by a team of experienced executives in the real estate industry, including a Chief Executive Officer, Chief Financial Officer, and other senior leadership roles responsible for various aspects of corporate strategy, finance, and operations. The executive team’s expertise helps drive the company's growth and operational success.
What is the current price of First Industrial Realty Trust, Inc. Common Stock?
The current price of First Industrial Realty Trust, Inc. Common Stock is 53.73
When was First Industrial Realty Trust, Inc. Common Stock last traded?
The last trade of First Industrial Realty Trust, Inc. Common Stock was at 2:33 pm EDT on April 2nd, 2025
What is the market capitalization of First Industrial Realty Trust, Inc. Common Stock?
The market capitalization of First Industrial Realty Trust, Inc. Common Stock is 6.94B
How many shares of First Industrial Realty Trust, Inc. Common Stock are outstanding?
First Industrial Realty Trust, Inc. Common Stock has 129.13M shares outstanding.