First Industrial Realty Trust, Inc. FR

FR Company Overview

First Industrial Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on the ownership, development, acquisition, and management of industrial real estate properties in the United States. The company operates within the industrial and logistics real estate sector, serving tenants involved in supply chain management, e-commerce fulfillment, manufacturing, transportation, and distribution. Its portfolio primarily consists of bulk warehouses, regional distribution centers, light industrial facilities, and other logistics-oriented properties located in major U.S. transportation and population hubs.

The company’s primary revenue drivers are rental income from industrial properties, development and redevelopment activities, and strategic property acquisitions and dispositions. First Industrial Realty Trust was founded in 1994 and completed its initial public offering the same year. Over time, the company evolved from a diversified industrial property owner into a logistics-focused REIT emphasizing modern distribution assets in high-demand infill and coastal markets. Its strategic positioning is supported by long-term tenant relationships, development expertise, and concentration in supply-constrained industrial markets with strong transportation infrastructure access.