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FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2025 RESULTS
FRFirst Industrial Realty Trust(FR) Prnewswire·2025-04-16 20:30

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, 120MillionPurchasePrice,NetofOurShareofGainonSaleandPromote,CashYieldof6.4120 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 402,000 Square Feet in Dallas and Philadelphia, 54 Million Esti ...