Previous Close | $49.17 |
AI Value | $32.32 |
Upside potential | -34% |
First Industrial Realty Trust, Inc. (FR) is a leading fully integrated owner, operator, and developer of industrial real estate in the United States. The company focuses on high-quality logistics properties, including warehouses, distribution centers, and light industrial facilities, primarily in major markets such as Chicago, Dallas, Southern California, and New Jersey. FR's portfolio consists of approximately 70 million square feet of industrial space, serving a diverse tenant base that includes e-commerce, third-party logistics, and manufacturing firms. The company's competitive advantages include its strategic location in high-demand logistics hubs, a strong balance sheet, and a disciplined development pipeline that aligns with evolving supply chain trends.
Focus on sustainable development practices, including energy-efficient buildings and LEED-certified properties. The company also invests in technology to enhance property management and tenant services.
First Industrial Realty Trust, Inc. (FR) presents a compelling investment opportunity due to its strong market position in industrial real estate, consistent financial performance, and growth potential driven by e-commerce and logistics trends. However, risks such as competitive pressures and interest rate exposure warrant careful monitoring. The company's disciplined capital allocation and focus on high-demand markets support a favorable long-term outlook.
FR 10-K filings, investor presentations, and Bloomberg industry reports.
Historical valuation data is not available at this time.