First Industrial Realty (FR) Tops Q1 EPS by 17c

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Go back to First Industrial Realty (FR) Tops Q1 EPS by 17c

First Industrial Realty Trust Reports First Quarter 2018 Results

April 24, 2018 5:57 PM EDT

CHICAGO, April 24, 2018 /PRNewswire/ --

Occupancy of 97.1%, Up 130 Basis Points from 1Q17 Cash Same Store NOI Grew 6.1% Cash Rental Rates Were Up 9.3% Formed Joint Venture That Acquired 532 Net Acres for Future Development and Land Sales at the PV-303 Business Park in Phoenix Closed on $300 Million Private Placement of Unsecured Notes Earned 'BBB' Unsecured Credit Rating from Standard and Poor's Global Ratings Increased First Quarter 2018 Dividend to $0.2175 Per Share, a 3.6% Increase Acquired Five Buildings Comprised of 354,000 Square Feet Plus One Development Site for $61... More