First Industrial Realty Trust, Inc. FR

Company Overview

First Industrial Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, acquires, and develops industrial real estate properties. The company operates within the industrial real estate sector, with a focus on logistics, distribution, warehouse, and light industrial facilities that support supply chain, e-commerce, and manufacturing activities. Its primary revenue driver is rental income generated from leasing industrial properties to a diversified base of tenants across multiple industries.

The company serves national, regional, and local tenants, including third-party logistics providers, e-commerce companies, manufacturers, food and beverage distributors, and consumer goods companies. First Industrial is strategically positioned as a provider of infill industrial space in high-barrier-to-entry markets, benefiting from proximity to population centers, transportation infrastructure, and ports. Founded in 1994, the company evolved from a diversified industrial property owner into a focused, pure-play industrial REIT following a strategic simplification and portfolio optimization completed in the mid-2010s.