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First Industrial Realty reports Q1 adjusted FFO 72c, consensus 72c

Reports Q1 revenue $194.83M, consensus $191.05M. “2026 is off to a good start as our team delivered strong cash same store NOI and rental rate growth and signed development leases in several markets reflecting broad-based demand,” said CEO Peter Baccile. “We also successfully renewed the lease for our 556,000 square-foot Inland Empire facility, our largest remaining 2026 expiration. We are encouraged by the activity levels across our availabilities to drive value for shareholders.”

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