First Industrial Realty Secures $1.05 Billion Credit Facility

First Industrial Realty ( (FR) ) has shared an update.

On March 18, 2025, First Industrial Realty Trust announced the closure of an $850 million unsecured revolving credit facility and a $200 million unsecured term loan. These financial arrangements, which extend maturity dates and offer favorable interest rates, are expected to support the company’s long-term growth and enhance its operational capacity. The transactions reflect the company’s strong credit metrics and strategic positioning in the logistics real estate market.

More about First Industrial Realty

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer, and acquirer of logistics properties. The company provides high-quality facilities and industry-leading customer service to multinational corporations and regional firms essential for their supply chains, with a portfolio concentrated in 15 target MSAs, focusing on supply-constrained, coastally oriented markets.

YTD Price Performance: 11.48%

Average Trading Volume: 1,162,493

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $7.5B

Find detailed analytics on FR stock on TipRanks’ Stock Analysis page.