FR

First Indl Rlty Tr Inc
NYSE
53.71
+1.03
+1.96%
After Hours: 53.71 0 0.00% 16:20 07/26 EDT
OPEN
52.98
PREV CLOSE
52.68
HIGH
53.95
LOW
52.78
VOLUME
636.07K
TURNOVER
0
52 WEEK HIGH
55.15
52 WEEK LOW
39.59
MARKET CAP
7.11B
P/E (TTM)
25.06
1D
5D
1M
3M
1Y
5Y
1D
Industrial Real Estate Returning To Growth
Second quarter earnings reports from Prologis and First Industrial indicate growth is returning to the industrial sector. Industrial real estate market rental rates stopped growing in late 2023, but recent data suggests supply is subsiding and demand is returning. Mark-to-market opportunities for industrial REITs range from 20% to 100%. The growth of e-commerce is expected to drive growth in the sector.
Seeking Alpha · 4h ago
First Industrial Price Target Raised to $52.00/Share From $46.00 by Goldman Sachs
Dow Jones · 11h ago
First Industrial Is Maintained at Sell by Goldman Sachs
Dow Jones · 11h ago
Goldman Sachs Maintains Sell on First Industrial Realty, Raises Price Target to $52
Benzinga · 11h ago
Third Avenue Real Estate Value Fund Q2 2024 Commentary
Seeking Alpha · 1d ago
Here's Why You Should Retain Prologis (PLD) in Your Portfolio
NASDAQ · 1d ago
If I Had To Retire Today With 12 REITs
Seeking Alpha · 2d ago
First Industrial Realty Trust Sets The Ground For The Upcoming Upside
Seeking Alpha · 2d ago
More
About FR
First Industrial Realty Trust, Inc. is a self-administered and fully integrated real estate company. The Company owns, manages, acquires, sells, develops, and redevelops industrial real estate. Through its fully integrated operating and investing platform, the Company provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. The Company owns approximately 428 industrial properties, of which 422 are classified as in-service. The 422 in-service industrial properties contained an aggregate of approximately 64.9 million square feet of gross leasable area (GLA) in 18 states, with a diverse base of tenants engaged in a wide variety of businesses, including e-commerce, third-party logistics and transportation, consumer and other manufactured products, retail and consumer services, food and beverage, lumber and building materials, wholesale goods, health services, governmental and other.

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