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Stock impact report

First Industrial Realty Trust Reports First Quarter 2024 Results [Yahoo! Finance]

First Industrial Realty Trust, Inc. (FR) 
Last first industrial realty trust, inc. earnings: 4/22 05:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
45% Cash Rental Rate Increase on Leases Signed To-Date Commencing in 2024 Cash Same Store NOI Growth of 10.0% Sold Nine Buildings for $49 Million Increased First Quarter 2024 Dividend to Per Share; 15.6% Growth Compared to Prior Quarterly Rate CHICAGO April 17, 2024 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced results for the first quarter of 2024. First Industrial's diluted net income available to common stockholders per share (EPS) was in the first quarter, compared to a year ago and first quarter funds from operations (FFO) was per share/unit on a diluted basis, compared to per share/unit a year ago. Excluding income related to the accelerated recognition of a tenant improvement reimbursement, first quarter 2023 FFO was per share/unit. "We leased 1.6 million square feet of developments in the first quarter and captured strong rental rate increases on leas Show less Read more
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