First Industrial Realty Trust (NYSE: FR) — Company Overview, News & Financial Data
First Industrial Realty Trust is a US REIT focusing on high-quality industrial real estate for logistics needs.
First Industrial Realty Trust
First Industrial Realty Trust is a real estate investment trust that owns, operates, and develops industrial real estate across major logistics hubs in the United States. The company manages a portfolio comprising hundreds of industrial properties and millions of square feet, serving a broad customer base in sectors such as logistics, distribution, e-commerce, and manufacturing. Its property holdings include modern logistics centers, bulk distribution warehouses, and light industrial facilities located in key regional supply chain markets including Southern California, Chicago, Dallas, Atlanta, and Pennsylvania. The company acquires, develops, and manages properties to support regional and national supply chain operations.
Snapshot
Operations
Products and/or services of First Industrial Realty Trust
- Logistics and Bulk Distribution Facilities: Ownership and long-term leasing of large-scale logistics centers and warehouse facilities across major transportation corridors in the United States, providing storage, regional sorting, and order fulfillment capacity for major commercial tenants.
- Industrial Land and Development Projects: Acquisition of land parcels and ground-up development of modern speculative and build-to-suit logistics facilities, expanding footprint in high-demand supply chain hubs such as Southern California, Dallas, Phoenix, and Pennsylvania.
- Property Operations and Facility Leasing: Direct leasing and asset management services provided to business tenants across e-commerce, manufacturing, third-party logistics, and retail distribution sectors, generating recurring rental income and operational revenues.
- Regional Market Hub Operations: Management of specialized industrial property clusters situated near international airports, major intermodal rail hubs, and major shipping ports including Southern California, Inland Empire, Chicago, Atlanta, and New Jersey.
- Light Industrial and Flex Properties: Operation and maintenance of flexible multi-tenant light industrial space and regional distribution buildings designed for local light manufacturing, assembly, and last-mile product delivery networks.
- Property Acquisitions and Portfolio Redevelopment: Strategic acquisition of existing industrial buildings, aggregation of adjacent land parcels, and redevelopment or expansion of logistics assets to optimize physical building specifications and square footage capacity.
First Industrial Realty Trust executive team
- Mr. Peter E. BaccilePresident, CEO & Director
- Mr. Johannson L. YapCo-Founder, Chief Investment Officer & Executive VP of West Region
- Mr. Scott A. Musil CPACFO, Senior VP, Treasurer & Assistant Secretary
- Ms. Jennifer E. Matthews Rice J.D.General Counsel & Secretary
- Mr. Peter O. Schultz Jr.Executive Vice President of East Region
- Mr. Christopher M. Schneider CPAExecutive VP of Operations & Chief Information Officer
- Ms. Sara E. NiemiecChief Accounting Officer
- Mr. Arthur J. HarmonSenior Vice President of Investor Relations & Marketing
- Mr. Robert J. WalterExecutive Vice President of Capital Markets & Asset Management
- Ms. Valerie BaxaSenior Vice President of Environmental