FIRST INDUSTRIAL REALTY TRUST INC
Close on Oct 19, 2026
- Market cap
- $7.72B
- P/E (TTM)
- 21.2
- Dividend yield
- 3.06%
About First Industrial Realty Trust
Real Estate Investment Trusts, SIC 6798
First Industrial Realty Trust, Inc. operates in the industrial property sector. The enterprise engages in acquiring, developing, and managing industrial real estate assets, including land, buildings, and related property improvements. It conducts activities directly as well as through partnerships and joint ventures. The company's principal offerings encompass leasing industrial space, tenant relationships, and property development projects. Its primary customers are commercial and industrial tenants who lease facility space and enter into rental contracts for operational facilities.
The firm operates within the United States, with real estate holdings and tax jurisdictions spanning multiple states such as California, Pennsylvania, Texas, and Arizona. Its portfolio includes numerous individual industrial facilities, commercial sites, and development parcels distributed across these domestic territories. The provided excerpt does not identify the location of the company's corporate headquarters.
Summary of the business section of First Industrial Realty Trust's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FIRST INDUSTRIAL REALTY TRUST INC
- Headquarters
- Chicago, IL
- Address
- 1 North Wacker Drive, Suite 4200 60606
- Phone
- (312) 344-4300
- Website
- www.firstindustrial.com
- Employees
- 152, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- FR
- Exchange
- NYSE
- Shares outstanding
- 133M, Jul 23, 2026
- Public float
- $6.35B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 921825
- CUSIP
- 32054K103
- ISIN
- US32054K1034
- LEI
- 549300R8UPDF52PO7C86
- EIN
- 36-3935116
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Peter E. Baccile | President and CEO, Director | 68,669 |
| Scott A. Musil | Chief Financial Officer | 13,625 |
| Peter Schultz | EVP - East Region | 95,274 |
| Johannson L. Yap | Chief Investment Officer | 199,707 |
| Rice Jennifer Matthews | General Counsel | 26,367 |
| Frank E. Schmitz | Director | – |
| H. Patrick Hackett Jr | Director | 37,577 |
| Teresa Bryce Bazemore | Director | – |
| Denise Olsen | Director | 2,167 |
| Marcus L. Smith | Director | 2,982 |
| Matthew Dominski | Director | 39,387 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Baccile | $8.29M | $14.92M | $2.77M | $155 | $127 |
| FY2024 Mr. Baccile | $6.62M | $6.95M | $2.28M | $137 | $118 |
| FY2023 Mr. Baccile | $6.41M | $6.47M | $2.19M | $140 | $112 |
| FY2022 Mr. Baccile | $5.68M | $5.01M | $1.95M | $125 | $101 |
| FY2021 Mr. Baccile | $5.24M | $10.91M | $1.85M | $167 | $134 |
| FY2020 Mr. Baccile | $7.12M | $7.61M | $2.10M | $104 | $95 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 152 employees, 151 of whom are full-time employees.”
Corporate history
Events identified from SEC filings