FR 📈 First Industrial Realty - Overview

First Industrial Realty Trust, Inc. (NYSE:FR) is a prominent player in the U.S. industrial real estate sector, specializing in the ownership, operation, development, and acquisition of logistics properties. By leveraging its integrated operating and investing platform, the company delivers high-quality facilities and exceptional customer service to a diverse range of clients, including multinational corporations and regional firms, thereby supporting their critical supply chain needs. This strategic approach enables First Industrial Realty Trust to establish long-term relationships with its customers and maintain a strong market presence.

The company's investment strategy is focused on 15 key target markets, with a particular emphasis on supply-constrained, coastally oriented areas that offer limited opportunities for new development. This targeted approach allows First Industrial Realty Trust to capitalize on the growing demand for industrial space in these strategic locations, driven by the ongoing expansion of e-commerce and the need for efficient logistics and distribution networks. As of June 30, 2024, the company's portfolio comprises approximately 68.7 million square feet of industrial space, with a significant portion dedicated to state-of-the-art logistics facilities.

With a strong commitment to delivering value to its stakeholders, First Industrial Realty Trust continues to expand its portfolio through strategic acquisitions and development projects, while maintaining a focus on operational excellence and customer satisfaction. The company's common stock (ISIN: US32054K1034) is listed on the New York Stock Exchange (NYSE) under the ticker symbol FR, and is classified as an Industrial REIT within the GICS Sub Industry category. For more information on the company's activities, portfolio, and investment strategy, please visit its website at https://www.firstindustrial.com.