SECOND QUARTER 2021 RESULTS •Occupancy of 96.6%, Up 90 Basis Points from 1Q21; Cash Rental Rates Up 15.7% •Signed 1.2 Million Square Feet of New Leases for Speculative Developments in the Second Quarter and Third Quarter To-Date •Started Four Developments Totaling 2.7 Million Square Feet Including a 692,000 Square-Foot Build-to-Suit in Nashville, Estimated Investment of $266 Million •Announced Three Planned Development Starts for Third Quarter Totaling 692,000 Square Feet, Estimated Investment of $108 Million •In 3Q21, Closed $750 Million Unsecured Revolving Credit Facility and $200 Million Unsecured Term Loan Previously Scheduled to Mature in 2021 CHICAGO, July 21, 2021 - First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the second quarter of 2021. First Industrial s diluted net income available to common stockholders
First Industrial Realty Trust Reports Second Quarter 2021 Results
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First Industrial Realty Trust Reports Second Quarter 2021 Results
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First Industrial Realty Trust Reports First Quarter 2021 Results Occupancy of 95.7%; Cash Rental Rates Up 10.4% 12.7% Cash Rental Rate Increase On 2021 Rollovers Signed Year-to-Date Started Three Developments Totaling 1.4 Million Square Feet, Estimated Investment of $99.6 Million Announced Two New Development Starts for Second Quarter Totaling 1.0 Million Square Feet, Estimated Investment of $82.6 Million Acquired a 62,000 Square-Foot Building in Northern California Plus Three Development Parcels for $24.1 Million Completed $67.2 Million of Asset Sales in the First Quarter Increased First Quarter 2021 Dividend to $0.27 Per Share, an 8.0% Increase
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CHICAGO, April 21, 2021 /PRNewswire/ First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the first quarter of 2021. First Industrial s diluted net incom