Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/921825/000092182515000011/fr-20141231x10k.htm
July 2022
May 2022
April 2022
February 2022
February 2022
October 2021
July 2021
July 2021
May 2021
April 2021
Exhibit 99.1
First Industrial Realty Trust, Inc. 311 South Wacker Drive Suite 3900 Chicago, IL 60606 312/344-4300 FAX: 312/922-9851 |
||||
MEDIA RELEASE
|
FIRST INDUSTRIAL REALTY TRUST REPORTS
FOURTH QUARTER AND FULL YEAR 2014 RESULTS
| Occupancy of 94.3%, Up 40 Basis Points from 3Q14, 140 Basis Points from 4Q13 |
| Same Store NOI Grew 6.2% in 4Q14 |
| Increased First Quarter 2015 Dividend 24.4% to $0.1275 Per Share |
| Acquired Five Buildings Totaling 554,000 Square Feet Plus One Land Parcel for $42.8 Million |
| Completed $43.6 Million of Asset Sales in 4Q14, $102.6 Million for 2014 |
| Placed In Service Five 100% Leased Developments Comprised of 1.6 Million SF with Total Investment of $115.2 Million in 2014 |
| Started New Developments in Dallas and Eastern Pennsylvania in 4Q14 Totaling 738,000 SF; Estimated Total Investment of $53.3 Million |
CHICAGO, February 19, 2015 First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner, operator and developer of industrial real estate, today announced results for the fourth quarter and full year 2014. Diluted net income available to common stockholders per share (EPS) was $0.17 in the fourth quarter, compared to $0.18 a year ago. Full year 2014 diluted net income available to common stockholders was $0.42 per share, compared to $0.24 per share in 2013.
First Industrials fourth quarter FFO was $0.32 per share/unit on a diluted basis, compared to $0.27 per share/unit a year ago.
Full year 2014 FFO was $1.16 per share/unit on a diluted basis versus $0.98 per share/unit in 2013. FFO results for the full year 2014 include a one-time restoration fee of $0.02 per share, $0.01 per share of acquisition costs, and a $0.02 per share combined loss on retirement of debt and loss related to the redemption of preferred stock.
The First Industrial team enjoyed another good year, driving our portfolio occupancy to 94.3% at year-end which contributed to strong same store NOI growth, said Bruce W. Duncan, First Industrials president and CEO. We also continued to make progress on our investment and divestment programs, using our platform to enhance our portfolio to deliver long-term cash flow growth to shareholders.
< more >
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/921825/000092182515000011/fr-20141231x10k.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by First Industrial Realty Trust Inc.
First Industrial Realty Trust Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2015 10-K Annual Report includes:
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
First Industrial Realty Trust Inc provided additional information to their SEC Filing as exhibits
Ticker: FR
CIK: 921825
Form Type: 10-K Annual Report
Accession Number: 0000921825-15-000011
Submitted to the SEC: Wed Feb 25 2015 5:35:55 PM EST
Accepted by the SEC: Thu Feb 26 2015
Period: Wednesday, December 31, 2014
Industry: Real Estate Investment Trusts