First Industrial Reports Q1 2026 Earnings with Strong Occupancy and Leasing Performance
First Industrial (FR) reported Q1 2026 earnings with in-service occupancy at 94.3%, meeting management's expectations. The company leased 383,000 square feet across multiple markets and achieved a significant cash rent increase on a major renewal in Southern California. The report also highlighted a land sale in Phoenix and strong FFO performance.
Tickers: $FR
Topics: FFO land sale leasing NOI growth real estate renewals