Land & Buildings Sends Letter to First Industrial Realty Trust Shareholders Detailing Why Investors Should Withhold Votes for Entrenched Directors
Determines That Change Can Be More Effectively Delivered From Outside the Boardroom Given Company's Unwillingness to Engage on Meaningful Governance Improvements; Withdraws Nomination of Land & Buildings Founder and CIO STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings,†"L&B,†"us†or "we†), a shareholder of First Industrial Realty Trust (NYSE: FR) ("First Industrial,†"FR†or the "Company†), issued a letter to shareholders ...