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First Industrial Realty reports Q1 FFO 71c, consensus 69c

Reports Q1 revenue $179.59M, consensus $170.29M. “In 2024, the First Industrial team delivered strong portfolio operating metrics and signed 4.7 million square feet of development leases, the second highest annual volume since we re-launched our development program in 2012,” said CEO Peter Baccile. “Our development leasing efforts were broad-based representing ten markets. Many thanks to our regional teams for this fantastic performance.”

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