In brief: Escada | Warehouse closing | General Growth heiress Nov 6, 2009
First Industrial Realty Trust Inc. reported funds from operations (FFO) in the third quarter of $29. 1 million, or 57 cents per share, compared with $21. (Crain's Chicago Business)
Bankers want FDIC boost Oct 6, 2009
"While the Northern California economy has been flat, it's been better than a lot of places," said Wallace Murfit, former Northern California regional director for First Industrial Realty Trust. But credit flows remain weak as banks scrutinize loans more carefully and cautious borrowers shy away from risk, and the economy goes through a chicken-and-egg period. (San Francisco Chronicle -- Business)
Morphotek set to build $80M plant Sep 19, 2009
First Industrial Realty Trust, which was represented by & Co., sold 213 Welsh Pool, and Ltd., represented by , sold 215 and 217 Welsh Pool. Most Read Stories. (Philadelphia Business Journal, PA)
Jay Shidler interim CEO of Pacific Office Sep 12, 2009
He is also chairman of Corporate Office Properties Trust and a director of First Industrial Realty Trust, Inc.. Taff is also a partner in The Shidler Group and a principal of Pacific Office Properties Trust s advisor, Pacific Office Management Inc., and oversees the REIT s operations in Honolulu. (Pacific Business News, HI)
Commercial defaults rising Aug 31, 2009
"As the default rates continue to increase, it's reasonable to expect that lenders will increase the rate of foreclosures," said Wallace Murfit, the former Northern California regional director for First Industrial Realty Trust. "It's one thing to have 3 percent in default; it's another to have 8, 10 and 12 percent in default.". (San Francisco Chronicle -- Business)
LMI Solutions buys industrial building Aug 8, 2009
LMI purchased the property from First Industrial Realty Trust. The large national real estate investment trust had owned the building since 2002 and invested in numerous upgrades, according to information provided by Colliers International. (Phoenix Business Journal, AZ)
In brief: 5 Guys grows | Expensive parking | Harrison St. storage JV Jun 27, 2009
7 billion of Chicago-based First Industrial Realty Trust debt and revised its outlook to negative from stable, meaning a future change would likely be another downgrade. Moodys last week announced it was lowering the rating, already non-investment grade or junk, two levels, to Ba3 from Ba1. (Crain's Chicago Business)
OffTheWallStocks featuring on its newsletter: WIND, OMEX, FR, AGEN, HEB, NVAX Jun 5, 2009
Today's focused alerts include: Wind River Systems (Nasdaq: ), Odyssey Marine Exploration (Nasdaq: ), First Industrial Realty Trust (NYSE: ), Antigenics Inc Del (Nasdaq: ), Hemispherx Biopharma Inc (AMEX: ), Novavax Inc (Nasdaq: ). OffTheWallStocks. (PR Newswire)
First Industrial Realty Trust Reports First Quarter 2009 Results May 1, 2009
First Industrial Realty Trust logo. (PRNewsFoto/First Industrial Realty Trust) CHICAGO, IL UNITED STATES ... CHICAGO, April 30 /PRNewswire-FirstCall/ -- First Industrial Realty Trust, Inc. (NYSE: ), a leading provider of industrial real estate supply chain solutions, today announced results for the quarter ended March 31, 2009. (PR Newswire)
Downtown Seattle Assn. is planning to woo Russell Invest. Apr 4, 2009
Tacoma - whose largest tower is the 23-story Wells Fargo Plaza, built in 1970 has to offer incentives to be competitive with Seattle s large office market and 24-7 city life, said Gary Danklefsen, regional director of Chicago-based First Industrial Realty Trust, who has done location work for major companies, including. While Seattle has offered incentives in the past, it no longer needs to. (Puget Sound Business Journal, WA)
First Industrial Realty Trust Announces Annual Meeting of Stockholders and Record Date Mar 10, 2009
First Industrial Realty Trust logo. (PRNewsFoto/First Industrial Realty Trust) CHICAGO, IL UNITED STATES ... CHICAGO, March 9 /PRNewswire-FirstCall/ -- First Industrial Realty Trust, Inc. (NYSE: ), a leading provider of industrial real estate supply chain solutions, today announced that the Company's Annual Meeting of Stockholders will be held on May 13, 2009 in Chicago, Illinois. (PR Newswire)
Canadian Stocks Fall to 5-Year Low as Research In Motion, Manulife Drop Mar 7, 2009
Standard & Poors cut the credit rating for Camden Property Trust and First Industrial Realty Trust and put nine others on watch for possible downgrades. the owner and manager of about 200 senior housing communities in the U.S. and Canada, slid 11 percent to C$3. (Bloomberg -- Canada)
Noted broker DAngelo joins CBK Feb 19, 2009
Principal transactions he has brokered include California-based Majestic Realty Co. s acquisition of what s now the 800-acre Majestic Commercenter industrial park in Aurora, and First Industrial Realty Trust s (NYSE: FR) disposition of $20 million in local industrial buildings. D Angelo was president of the Colorado chapter of the Society of Industrial and Office Realtors (SIOR) in 2005-2006, and president of the Denver Metro Commercial Association of Realtors (DMCAR) in 2001-2002. (Denver Business Journal, CO)
