First Industrial Raises NAREIT FFO Outlook for 2026 to $3.08-$3.16 and Announces New Philadelphia Development

First Industrial Realty Trust (FR) has raised its full-year 2026 NAREIT Funds From Operations outlook to a range of $3.08 to $3.16 per share, citing stronger leasing demand and business growth confidence. The company also announced the start of a new $77 million development in Philadelphia.

By SA Transcript Insights Editor, SA News Editor · Seeking Alpha · July 23, 2026, 18:31 UTC

Tickers: $FR

Topics: business growth leasing demand real estate

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