Market Capitalization (Millions $) |
6,614 |
Shares
Outstanding (Millions) |
132 |
Employees |
108 |
Revenues (TTM) (Millions $) |
642 |
Net Income (TTM) (Millions $) |
342 |
Cash Flow (TTM) (Millions $) |
-13 |
Capital Exp. (TTM) (Millions $) |
86 |
First Industrial Realty Trust Inc
First Industrial Realty Trust Inc is a real estate investment trust (REIT) that specializes in the acquisition, development, and management of industrial real estate properties in the United States. Founded in 1993 and headquartered in Chicago, Illinois, the company owns and operates over 500 industrial properties totaling more than 67 million square feet in size.
First Industrial's portfolio of properties includes distribution centers, warehouses, light industrial facilities, and manufacturing buildings located in major metropolitan areas, logistic hubs, and intermodal facilities. The company's properties are leased primarily to logistics companies, e-commerce businesses, and light manufacturing firms.
First Industrial's business model centers around generating consistent rental income from its properties. To ensure long-term tenant occupancy, the company focuses on building relationships with tenants, offering high-quality properties and services, and maintaining a strong network of institutional and corporate customers.
The company has a diversified tenant base, which helps to mitigate risks and potential downturns in any single industry. Some of First Industrial's largest tenants include Amazon, General Electric, and Fedex.
First Industrial has a strong balance sheet and access to capital, which it uses to fund property acquisitions, development, and renovations. The company also employs a disciplined approach to risk management and has a strong track record of delivering consistent financial performance to shareholders.
Overall, First Industrial Realty Trust Inc is a well-established, financially stable company that has been successful in the industrial real estate market for nearly 30 years.
Company Address: One North Wacker Drive, Suite 4200 Chicago 60606 IL
Company Phone Number: 344-4300 Stock Exchange / Ticker: NYSE FR
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