First Industrial Realty Trust (NYSE:FR) (NYSE: FR) is a publicly traded real estate investment trust focused on the ownership, operation and development of industrial real estate assets. The company specializes in light industrial, warehouse and distribution facilities that serve a broad range of end markets, including manufacturing, transportation and e-commerce. Through both acquisitions and ground-up developments, First Industrial seeks to assemble a diversified portfolio of strategically located properties that support its tenants’ supply-chain needs.
Core services provided by First Industrial include property leasing, asset management, redevelopment of obsolescent buildings and build-to-suit development for creditworthy users. The firm leverages an in-house team of development, construction and property management professionals to oversee projects from site acquisition through stabilization. Value-add redevelopment initiatives target underutilized assets in infill locations, while build-to-suit facilities are customized to meet individual tenant specifications for size, clear height, dock arrangements and sustainability features.
Headquartered in Chicago, Illinois, First Industrial maintains a national footprint in key U.S. industrial markets and major supply-chain corridors. The company’s portfolio spans core coastal hubs, inland distribution centers and last-mile locations that offer proximity to highways, rail interchanges and seaports. Since its founding in 1980 and its initial public offering in the mid-1990s, First Industrial has grown through disciplined capital deployment, focusing on markets exhibiting population growth, strong labor pools and robust transportation infrastructure.
Under the leadership of President and Chief Executive Officer Anthony G. Yeurton, First Industrial emphasizes proactive tenant relationships, rigorous underwriting and targeted capital recycling. The company’s governance framework and ESG initiatives aim to promote energy efficiency, environmental stewardship and community engagement across its industrial real estate platform.
