Citi 2014 Global Property CEO Conference (Replay)
03/05/14 at 10:50 a.m. ET
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own, manage and have under development approximately 66.8 million square feet of industrial space as of September 30, 2013.
Conference Call – Additional Information:
On the Company’s third quarter conference call held on October 25, 2013, an analyst inquired, “For the sales during this quarter, could you state how they sold as a percent of book value or impaired book value?”
First Industrial’s $16.2 million of sales in the third quarter of 2013 were completed at 64% greater than the aggregate book value.
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