P
aid press release. Contact distributor for inquiries. Signed 772,000 SF of new leases in Q3 and Q4 to date. Remaining 501,000 SF at Building C, Camelback 303 JV, Phoenix (Q3 25). 56,000 SF at First Park Miami Building 3 (Q3 25). 159,000 SF at First Harley Knox Logistics Center, Inland Empire (Q4 25). 57,000 SF at First Park Miami Building 12 (Q4 25). Cash‑rent increases: 32 % on leases signed to date for 2025; 37 % excluding the 1.3 MSF fixed‑rate renewal. 31 % on leases signed to date for 2026. 2025 NAREIT FFO guidance now $2.94–$2.98 per share/unit. First Industrial Realty Trust, Inc. (NYSE: FR) reports Q3 2025 results: diluted EPS $0.49 versus $0.75 a year ago; diluted FFO $0.76 versus $0.68 a year ago, including $0.01 from an insurance claim recovery. CEO Peter E. Baccile said the quarter delivered strong leasing wins and rental‑rate growth for 2025 and 2026 signings. Portfolio: service‑occupancy 94.0 % at quarter‑end, down from 94.2 % in Q2 2025 and 95.0 % in Q3 2024. Cash‑rent rates on new and renewal leases rose 26.5 % and 40.6 % on a straight‑line basis. The company achieved a 32 % cash‑rent increase on 2025‑commencing leases signed to date, 37 % excluding the 1.3 MSF renewal, and a 31 % increase on 2026‑commencing leases signed to date.
