First Industrial Realty (FR) Tops Q4 EPS by 36c

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Go back to First Industrial Realty (FR) Tops Q4 EPS by 36c

First Industrial Realty Trust Reports Fourth Quarter and Full Year 2023 Results

February 7, 2024 4:29 PM EST

Cash Rental Rates Up 58.3% in 2023, Highest Annual Increase in Company History39% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024Cash Same Store NOI Growth of 8.4% for Full Year 2023Leased 100% of the 644,000 Square-Foot and 50% of the 349,000 Square-Foot Old Post Road Buildings in BaltimoreSigned 705,000 Square Feet of New Leases for Speculative Developments in the Fourth Quarter 2023 and First Quarter 2024 To-Date Inclusive of Joint VentureSold Seven Buildings for $64 Million in the Fourth Quarter;... More