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First Industrial Realty reports Q1 adjusted FFO 57c, consensus 61c

Reports Q1 revenue $162.27M, consensus $161.53M. “We leased 1.6 million square feet of developments in the first quarter and captured strong rental rate increases on lease signings,” said CEO Peter Baccile. “Our team is steadfastly focused on converting prospects into tenants to drive incremental cash flow and value.”

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