Benefiting from a booming national industrial real estate market, First Industrial Realty Trust saw its earnings rise in the first quarter. The Chicago-based industrial REIT reported net operating income rose to $74.4 million, nearly 6 percent higher year over year. Funds from operations ticked up 12 percent to $53.7 million in the quarter compared to the same period in 2018. The REIT’s national portfolio includes some 66 million square feet of space in 19 states, […]
source https://therealdeal.com/chicago/2019/04/24/riding-a-wave-of-demand-first-industrial-profits-rise-in-q1/#new_tab
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