First Industrial Realty Trust Inc (First Industrial) is a real estate investment trust. It offers real estate services through property leasing, property management, sale of the property, asset management, acquisition and real estate development. The company carries out leasing, acquisition and development of industrial properties and disposition of industrial properties. It also provides property find out, land development, regional contract and supply chain solutions. First Industrial's portfolio includes bulk and regional distribution centers, and various other industrial assets. It serves corporations, middle-market companies and small commercial firms. First Industrial markets its portfolio through brokers, property rental, tenant and leases of industrial properties. The company has locations across Maryland, Delaware, New Jersey, Dallas, Minneapolis, Harrisburg, Atlanta, and Florida. First Industrial is headquartered in Chicago, Illinois, the US.
Headquarters
United States of America
Address
1 North Wacker Drive, Suite 4200, Chicago, Illinois, 60606
Website
www.firstindustrial.com
Telephone
1 312 3444300
No of Employees
157
Industry
Construction
Ticker Symbol & Exchange
FR (NYSE)
Revenue (2022)
$539.9M
13.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
32.5%
(2022 vs 2021)
Market Cap*
$6.1B
Net Profit Margin (2022)
XYZ
16.9%
(2022 vs 2021)
* As of and is in US$
First Industrial Realty Trust Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Real Estates Services |
| Property Management |
| Asset Management |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Others | In October, the company completed the development of a 358,000 square-foot industrial facility at First State Crossing in Claymont, New Castle County, Delaware. |
| 2022 | Contracts/Agreements | In October, the company inked lease agreement with boohoo to lease the entire 1.1 million square-foot facility to serve as their first warehouse and fulfillment center in the US market. |
| 2022 | Asset Purchase | In January, the company acquired the 28 acres from Commercial Development Company, Inc. |
Competitor Comparison
| Key Parameters | First Industrial Realty Trust Inc | Digital Realty Trust Inc | Alexandria Real Estate Equities Inc | Duke Realty Corp | Brandywine Realty Trust |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Chicago | Austin | Pasadena | Indianapolis | Philadelphia |
| State/Province | Illinois | Texas | California | Indiana | Pennsylvania |
| No. of Employees | 157 | 3,412 | 593 | 340 | 328 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Matthew S Dominski | Chairman | Executive Board | 2010 | 68 |
| Peter E Baccile | Chief Executive Officer; President; Director | Executive Board | 2016 | 61 |
| Scott A Musil | Chief Financial Officer | Senior Management | 2011 | 55 |
| Sara Niemiec | Chief Accounting Officer | Senior Management | - | - |
| Christopher Schneider | Chief Information Officer; Senior Vice President - Operations | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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