First Industrial Q2 EPS rises 38.1% to $0.58 year over year; revenue climbs 8.2% to $194.94 million

Reuters2026/07/22 20:46

By:Reuters

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First Industrial Realty Trust posts Q2 GAAP EPS of $0.58, up 38.1% from $0.42 a year earlier.
GAAP revenue rises 8.2% to $194.94 million; NAREIT FFO per diluted share/unit increases 7.9% to $0.82.
Cash same-store NOI growth runs at 6.7%; in-service occupancy edges up 0.6 percentage point to 94.9% from Q1.
Cash rental rates climb 39% on commenced new and renewal leasing; a 708,000-square-foot Central Pennsylvania facility reaches 100% leased.
2026 NAREIT FFO guidance lifts to $3.08-$3.16 per share/unit; development starts on a 613,000-square-foot Philadelphia project with a $77 million investment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Industrial Realty Trust Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG10134) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Industrial Q2 EPS rises 38.1% to $0.58 year over year; revenue climbs 8.2% to $194.94 million

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