First Industrial Realty Trust — Feb 4, 2026 release

SF Signed Subsequent to the Third Quarter Earnings Call • Closed $425 Million and $375 Million Unsecured Term Loans in 1Q26 • 2026 NAREIT FFO Guidance Initiated at a Range of $3.09 to $3.19 Per Share/Unit, Representing Approximately 6% Growth at the Midpoint CHICAGO, February 4, 2026 – First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today announced results for the fourth quarter and full year 2025. First Industrial's diluted net income available to common stockholders per share (EPS) was $0.59 in the fourth quarter, compared to $0.52 a year ago. Full year 2025 EPS was $1.87, compared to $2.17 in 2024. First Industrial's fourth quarter funds from operations (FFO) was $0.77 per share/unit on a diluted basis, compared to $0.71 per share/unit a year ago. Full year 2025 FFO was $2.96 per share/unit on a diluted basis, compared to $2.65 in 2024, a growth rate of 11.7%. “Despite a volatile leasing market in 2025 impacted by the evolving tariff policies and other uncertainties, our First Industrial team maintained its keen focus on delivering strong growth in FFO, cash rental rates and cash same store NOI,” said Peter E. Baccile, First Industrial's president and chief executive officer. “On the strength of the performance of our platform and our outlook, we increased our dividend rate by 12.4%.” Portfolio Performance • In service occupanc