ADDED
fr-20251231 10-K false 12/31/2025 2025 FY FR FIRST INDUSTRIAL REALTY TRUST, INC.
0000921825 12/31 Large Accelerated Filer 132,524,261 6,345.6 10-K false 12/31/2025 2025 FY FRFI FIRST INDUSTRIAL, L.P.
was approximately $ 6,345.6 million based on the closing price on the New York Stock Exchange for such stock on June 30, 2025.
At February 11, 2026, 132,524,261 shares of First Industrial Realty Trust, Inc.'s Common Stock, $0.01 par value, were outstanding.
At December 31, 2025, the Company owned an approximate 97.0% common general partnership interest in the Operating Partnership.
We assume no obligation to update or supplement forward-looking statements except as may be required by law.
As of December 31, 2025, our in-service portfolio consisted of 414 industrial properties, located in 19 states, containing an aggregate of approximately 69.9 million square feet of gross leasable area ("GLA").
During the year ended December 31, 2025, the Joint Venture sold its remaining real estate assets.
We seek to grow internally by: (i) increasing revenues by renewing or re-leasing expiring leases at higher rental levels; (ii) obtaining contractual rent escalations on our long-term leases; (iii) increasing occupancy at properties with existing vacancies while maintaining high occupancy across the remainder of the portfolio; (iv) controlling and minimizing property operating expenses, general and administrative expenses and releasing costs; and (v) selectively renovating existing properties.
We seek to grow externally through: (i) the development of best-in-class industrial properties and the acquisition of individual assets, portfolios of industrial properties and leased land sites that meet our investment parameters within our 15 key logistics markets; and (ii) the expansion and redevelopment of our existing properties.
REMOVED
fr-20241231 10-K false 12/31/2024 2024 FY FR FIRST INDUSTRIAL REALTY TRUST, INC.
0000921825 12/31 Large Accelerated Filer 132,393,216 6,261.2 10-K false 12/31/2024 2024 FY FRFI FIRST INDUSTRIAL, L.P.
was approximately $ 6,261.2 million based on the closing price on the New York Stock Exchange for such stock on June 30, 2024.
At February 13, 2025, 132,393,216 shares of First Industrial Realty Trust, Inc.'s Common Stock, $0.01 par value, were outstanding.
At December 31, 2024, the Company owned an approximate 97.3% common general partnership interest in the Operating Partnership.
We assume no obligation to update or supplement forward-looking statements.
As of December 31, 2024, our in-service portfolio consisted of 412 industrial properties, located in 19 states, containing an aggregate of approximately 66.7 million square feet of gross leasable area ("GLA").
We seek to grow internally by: (i) increasing revenues by renewing or re-leasing spaces subject to expiring leases at higher rental levels; (ii) obtaining contractual rent escalations on our long-term leases; (iii) increasing occupancy levels at properties where vacancies exist and maintaining occupancy elsewhere; (iv) controlling and minimizing property operating expenses, general and administrative expenses and releasing costs; and (v) renovating existing properties.
We seek to grow externally through: (i) the development of best-in-class industrial properties and the acquisition of individual and portfolios of industrial properties, which meet our investment parameters within our 15 key logistics markets, with a primary emphasis on coastal markets; and (ii) the expansion of our existing properties.
Our focus is on 15 key logistics markets, with a primary emphasis on coastal markets, which exhibit desirable long-term growth characteristics and where developable land is relatively scarce.