Private company
FIRST INDUSTRIAL LP
Self-administered and fully integrated real estate company2
In its 2026 annual report the company says: “The Company is a Maryland corporation organized on August 10, 1993 and a real estate investment trust as defined in the Internal Revenue Code of 1986. The Company's operations are conducted primarily through the Operating Partnership, a Delaware limited partnership formed on November 23, 1993 of which the Company is the sole general partner, with an approximate 97.0% ownership interest at December 31, 2025.”5 It is headquartered in Wilmington, United States.2
Last updated Oct 21, 2026.
Overview
- IndustryReal Estate Investment Trusts2
- HeadquartersWilmington, United States2
- Incorporated inDE3
- Business address1 North Wacker Drive, Ste 4200, Chicago, Il 606063
- Filer categoryAccelerated filer3
- Legal formLimited Partnership2
- Kind of organizationLimited partnership2
- LEI86MKNB3IKYZZT3E3OV112
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 23609012
See how the biggest companies compare on our leaderboards
First Industrial Realty Trust, Inc. is a self-administered and fully integrated real estate company which owns, manages, acquires, sells, develops and redevelops industrial real estate. The Company is a Maryland corporation organized on August 10, 1993 and a real estate investment trust ("REIT") as defined in the Internal Revenue Code of 1986 (the "Code"). As of December 31, 2025, our in-service portfolio consisted of 414 industrial properties, located in 19 states, containing an aggregate of approximately 69.9 million square feet of gross leasable area ("GLA").5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
No quarterly figures reported.
No quarterly figures reported.
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
FIRST INDUSTRIAL LP is part of a group headed by First Industrial Realty Trust, Inc.. 215 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
- First Industrial Realty Trust, Inc. Chicago, Illinois
- FIRST INDUSTRIAL LP Wilmington, Delaware, United States
- 431 Railroad Avenue General Partner, LP Subsidiary · Delaware, United States
- 431 Railroad Avenue Property Holding, LP Subsidiary · Delaware, United States
- 431 Railroad Avenue Second, LLC Subsidiary · Delaware, United States
- 431 Railroad Avenue, LLC Subsidiary · Delaware, United States
- 5382 Arch Road Stockton Acquisition, LLC Subsidiary · Delaware, United States
- 700 Couchville Pike, LLC Subsidiary · Delaware, United States
- 78-81 Crossroads, LLC Subsidiary · Delaware, United States
- 78-81 Jonestown, LLC Subsidiary · Delaware, United States
- 78-81 Logistics Center, LLC Subsidiary · Delaware, United States
- FI Development Services Corporation Subsidiary · Maryland, United States
- FI New Jersey Exchange LLC Subsidiary · Delaware, United States
- FIFP Conyers, LLC Subsidiary · Delaware, United States
- FIP MM Aurora, LLC Subsidiary · Delaware, United States
- First Florence I Urban Renewal, LLC Subsidiary · New Jersey, United States
- First Industrial Acquisitions II, LLC Subsidiary · Delaware, United States
- First Industrial Acquisitions, Inc. Subsidiary · Maryland, United States
- First Industrial Development Services Tampa, LLC Subsidiary · Delaware, United States
- First Industrial Finance Corporation Subsidiary · Maryland, United States
- First Industrial Financing Partnership, L.P. Subsidiary · Delaware, United States
- First Industrial Harrisburg Corporation Subsidiary · Maryland, United States
- First Industrial Investment II, LLC Subsidiary · Delaware, United States
- First Industrial Investment Properties, Inc. Subsidiary · Maryland, United States
- First Industrial Management Services (Denver), LLC Subsidiary · Delaware, United States
- First Industrial Mortgage Corporation Subsidiary · Maryland, United States
- First Industrial Mortgage Partnership, L.P. Subsidiary · Delaware, United States
- and 188 more
- FIRST INDUSTRIAL LP Wilmington, Delaware, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FIRST INDUSTRIAL LP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $2.7B7 Dec 31, 2017 | $2.6B7 Dec 31, 2016 | +4.5% |
| Real estate investments, at cost | $3.5B7 Dec 31, 2017 | $3.4B7 Dec 31, 2016 | +3.2% |
| Real estate accumulated depreciation | $789.9M7 Dec 31, 2017 | $796.5M7 Dec 31, 2016 | −0.8% |
| Real estate properties | 4887 Dec 31, 2017 | 5766 Dec 31, 2014 | −15.3% |
| Area of real estate | 60.2 million sq ft7 Dec 31, 2017 | 55.6 million sq ft6 Dec 31, 2014 | +8.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $21.1M7 Dec 31, 2017 | $9.9M7 Dec 31, 2016 | +114.5% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated amortization | $29.6M7 Dec 31, 2017 | $27.3M7 Dec 31, 2016 | +8.3% |
| Finite-lived intangibles, net | $30.5M7 Dec 31, 2017 | $29.5M7 Dec 31, 2016 | +3.3% |
Properties, in its own words
General
At December 31, 2025, we owned 418 industrial properties of which 414 were classified as in-service. Of the 418 properties owned on a consolidated basis, none of them are directly owned by the Company. The 414 in-service industrial properties contained an aggregate of approximately 69.9 million square feet of GLA in 19 states. Our in-service portfolio includes all properties that have reached stabilized occupancy (defined as properties that are 90% leased), (re)developed properties upon the earlier of reaching 90% occupancy or one year from the date construction is completed and acquired properties that are at least 75% occupied at acquisition or one year from the acquisition date, unless we anticipate tenant move-outs within two years of ownership would drop occupancy below 75%. Acquired properties with tenants that we anticipate will move out within the first two years of ownership are placed in service upon the earlier of reaching 90% occupancy or one year after move out. The average annual base rent per square foot for our in-service portfolio, calculated at December 31, 2025, was $8.41. The properties are generally located in business parks that have convenient access to interstate highways and/or rail and air transportation. We maintain insurance on our properties that we believe is adequate.
The rest of Item 2
The following tables summarize, by market, certain information as of December 31, 2025, with respect to the in-service properties.
In-Service Property Summary Totals
Metropolitan Area · GLA · Number ofProperties · Occupancyat 12/31/25
Atlanta, GA · 5,249,774 · 23 · 96.4%
Baltimore, MD / D.C. · 3,416,464 · 14 · 84.3%
Central Florida · 1,279,412 · 13 · 92.0%
Central/Eastern Pennsylvania (A) · 8,656,434 · 24 · 91.0%
Chicago, IL · 6,169,821 · 25 · 96.9%
Cincinnati, OH · 467,320 · 3 · 100.0%
Dallas/Ft. Worth, TX · 7,390,236 · 53 · 98.3%
Denver, CO (A) · 3,742,551 · 36 · 82.3%
Detroit, MI · 326,035 · 5 · 100.0%
Houston, TX · 4,114,475 · 34 · 99.8%
Minneapolis/St. Paul, MN · 2,136,628 · 12 · 98.9%
Nashville, TN · 2,876,579 · 8 · 100.0%
New Jersey (A) · 2,074,153 · 17 · 99.8%
Northern California · 1,300,236 · 9 · 100.0%
Phoenix, AZ · 5,916,701 · 20 · 100.0%
Seattle, WA · 552,163 · 9 · 100.0%
South Florida · 2,677,491 · 23 · 97.0%
Southern California (A) · 11,538,294 · 86 · 89.7%
Total · 69,884,767 · 414 · 94.4%
(A)Central/Eastern Pennsylvania includes the markets of Central Pennsylvania and Philadelphia. Denver includes one property in Salt Lake City. New Jersey includes the markets of Northern and Central New Jersey. Southern California includes the markets of Los Angeles, the Inland Empire and San Diego.
Indebtedness
As of December 31, 2025, three of our 414 in-service industrial properties, with a net carrying value of $29.4 million, are pledged as collateral under a mortgage financing, totaling $9.3 million. See Note 4 to the Consolidated Financial Statements and the accompanying Schedule III for additional information.
Development Activity
During the year ended December 31, 2025, we transferred seven development properties totaling approximately 1.9 million square feet of GLA to our in-service portfolio at a total estimated cost of approximately $249.8 million. Included in the estimated total cost is $8.6 million of leasing commissions. The capitalization rate for these development projects, calculated using the estimated stabilized net operating income (excluding straight-line rent adjustments) divided by the total investment in the developed property is 6.8%. The placed in-service development projects have the following characteristics:
Central Florida · 1 · 112,000 · 100%
Houston, TX · 1 · 424,560 · 100%
Nashville, TN · 1 · 541,500 · 100%
Southern California · 3 · 637,668 · 25%
South Florida · 1 · 135,707 · 76%
Total · 7 · 1,851,435
As of December 31, 2025, we substantially completed three developments totaling approximately 0.6 million square feet of GLA. The estimated total investment for these developments is approximately $97.4 million, of which $84.7 million has been funded as of December 31, 2025. There can be no assurance that the actual completion cost for these developments will not exceed the estimated completion cost. The substantially completed developments have the following characteristics:
Nashville, TN · 1 · 317,117 · 0%
South Florida · 2 · 258,024 · 22%
Total · 3 · 575,141
As of December 31, 2025, we have six projects classified as under development totaling approximately 1.1 million square feet of GLA. This total includes two projects for which vertical construction commenced in the first quarter of 2026. The estimated total investment for these development projects under construction is $187.1 million, of which $100.1 million has been funded as of December 31, 2025. There can be no assurance that the actual completion cost for these developments will not exceed the estimated completion cost. The development projects under construction have the following characteristics:
Metropolitan Area · Number ofProperties · GLA · Anticipated Quarter of Building Completion
Central/Eastern Pennsylvania · 2 · 361,800 · Q1 2026
Central/Eastern Pennsylvania · 1 · 225,680 · Q2 2026
Dallas/Ft. Worth, TX · 1 · 176,182 · Q2 2026
Dallas/Ft. Worth, TX · 1 · 84,360 · Q4 2026
South Florida · 1 · 220,310 · Q1 2027
Total · 6 · 1,068,332
Property Acquisitions
Item 2 of the 10-K filed Feb 11, 2026.5
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 431 Railroad Avenue General Partner, LP Delaware4
- 431 Railroad Avenue Property Holding, LP Delaware4
- 431 Railroad Avenue Second, LLC Delaware4
- 431 Railroad Avenue, LLC Delaware4
- 5382 Arch Road Stockton Acquisition, LLC Delaware4
- 700 Couchville Pike, LLC Delaware4
- 78-81 Crossroads, LLC Delaware4
- 78-81 Jonestown, LLC Delaware4
- 78-81 Logistics Center, LLC Delaware4
- FI Development Services Corporation Maryland4
- FI Development Services, L.P. Delaware4
- FI New Jersey Exchange LLC Delaware4
- FIFP Conyers, LLC Delaware4
- FIP MM Aurora, LLC Delaware4
- FP Fairburn, LLC Delaware4
- FR 10680 88 AVENUE, LLC Delaware4
- FR 11600 NW 107, LLC Delaware4
- FR 1200 NW Street, LLC Delaware4
- FR 1351 NW 78, LLC Delaware4
- FR 1402 Puyallup, LLC Delaware4
- FR 14143 Washington, LLC Delaware4
- FR 14403 Santa Ana, LLC Delaware4
- FR 1508 Valentine, LLC Delaware4
- FR 1801 Andrews, LLC Delaware4
All 219 listed subsidiaries
- FR 200 Cascade, LLC Delaware4
- FR 211 Parr Boulevard, LLC Delaware4
- FR 21110 E 31st, LLC Delaware4
- FR 24 Street East, LLC Delaware4
- FR 2504 NW 19, LLC Delaware4
- FR 263 Roy, LLC Delaware4
- FR 2755 Willow Road GP, LLC Delaware4
- FR 2755 Willow Road, L.P. Delaware4
- FR 301 Bordentown 2, LLC Delaware4
- FR 4401 Shader Road, LLC Delaware4
- FR 450 Gills Drive, LLC Delaware4
- FR 4700 W. Ledbetter, LLC Delaware4
- FR 5355 Northwest 24 Street, LLC Delaware4
- FR 550 Gills Drive, LLC Delaware4
- FR 6407 South 210, LLC Delaware4
- FR 750 Gateway, LLC Delaware4
- FR 770 Gills Drive, LLC Delaware4
- FR 8000 East 96, LLC Delaware4
- FR 81 Paragon Drive, LLC Delaware4
- FR 82 Liberty, LLC Delaware4
- FR 8751 Skinner, LLC Delaware4
- FR 9211 Old Pike, LLC Delaware4
- FR AZ/TX, LLC Delaware4
- FR Aldrin Drive, LLC Delaware4
- FR Aurora Commerce Center Phase I, LLC Colorado4
- FR Boulevard General Partner, LP Delaware4
- FR Boulevard Property Holding, LP Delaware4
- FR Boulevard Second, LLC Delaware4
- FR Boulevard, LLC Delaware4
- FR Brokerage Services of Michigan, LLC Delaware4
- FR Brokerage Services, Inc. Maryland4
- FR CA Holding GP, LLC Delaware4
- FR CA Property Exchange GP, LLC Delaware4
- FR CA Property Exchange LP, LLC Delaware4
- FR CA Property Holding 10, LP Delaware4
- FR CA Property Holding 11, LP Delaware4
- FR CA Property Holding 12, LP Delaware4
- FR CA Property Holding 13, LP Delaware4
- FR CA Property Holding 14, LP Delaware4
- FR CA Property Holding 2, LP Delaware4
- FR CA Property Holding 3, LP Delaware4
- FR CA Property Holding 4, LP Delaware4
- FR CA Property Holding 5, LP Delaware4
- FR CA Property Holding 6, LP Delaware4
- FR CA Property Holding 7, LP Delaware4
- FR CA Property Holding 8, LP Delaware4
- FR CA Property Holding 9, LP Delaware4
- FR CA Property Holding, LP Delaware4
- FR CO/Tex Cuna, LLC Delaware4
- FR Camelback 2, LLC Delaware4
- FR Camelback, LLC Delaware4
- FR Cedar Park Port, LLC Delaware4
- FR Clifton General Partner, LP Delaware4
- FR Clifton Property Holding, LP Delaware4
- FR Clifton Second, LLC Delaware4
- FR Clifton, LLC Delaware4
- FR Crossroads I, LLC Delaware4
- FR Cumberland General Partner, LP Delaware4
- FR Cumberland Property Holding, LP Delaware4
- FR Cumberland Second, LLC Delaware4
- FR Cumberland, LLC Delaware4
- FR Dallas Houston, LLC Delaware4
- FR Danieldale Road, LLC Delaware4
- FR Depot Road, LLC Delaware4
- FR Dessau Road, LLC Delaware4
- FR E1 General Partner, LP Delaware4
- FR E1 Property Holding, LP Delaware4
- FR E1 Second, LLC Delaware4
- FR E1, LLC Delaware4
- FR E2 General Partner, LP Delaware4
- FR E2 Property Holding, LP Delaware4
- FR E2 Second, LLC Delaware4
- FR E2, LLC Delaware4
- FR E3 General Partner, LP Delaware4
- FR E3 Property Holding, LP Delaware4
- FR E3 Second, LLC Delaware4
- FR E3, LLC Delaware4
- FR East Sam Houston Parkway 2, LLC Delaware4
- FR East Sam Houston Parkway, LLC Delaware4
- FR First Avenue General Partner, LP Delaware4
- FR First Avenue Property Holding, LP Delaware4
- FR First Avenue Second, LLC Delaware4
- FR First Avenue, LLC Delaware4
- FR First Park Joliet, LLC Delaware4
- FR First Park Miami V, LLC Delaware4
- FR First Park Miami VI, LLC Delaware4
- FR First Park New Castle, LLC Delaware4
- FR First State Crossing, LLC Delaware4
- FR Fossil Creek, LLC Delaware4
- FR Frederick, LLC Delaware4
- FR Georgia, LLC Delaware4
- FR Glendale, LLC Delaware4
- FR Goodyear Manager, LLC Delaware4
- FR Goodyear, LLC Delaware4
- FR Hagerstown, LLC Delaware4
- FR Harley Knox, LLC Delaware4
- FR Hathaway, LLC Delaware4
- FR Hunt Valley II LLC Delaware4
- FR Hunt Valley LLC Delaware4
- FR Investment Properties, LLC Delaware4
- FR JH 10 MM, LLC Delaware4
- FR JH 10, LLC Delaware4
- FR JH 12 MM, LLC Delaware4
- FR JH 12, LLC Delaware4
- FR Leo Lane General Partner, LP Delaware4
- FR Leo Lane Property Holding, LP Delaware4
- FR Leo Lane Second, LLC Delaware4
- FR Leo Lane, LLC Delaware4
- FR Lewisville Midway 2, LLC Delaware4
- FR Lewisville Midway, LLC Delaware4
- FR Loveton LLC Delaware4
- FR Lyons Road, LLC Delaware4
- FR Main Street, LLC Delaware4
- FR Management, L.P. Delaware4
- FR Manchester General Partner, LP Delaware4
- FR Manchester Property Holding, LP Delaware4
- FR Manchester Second, LLC Delaware4
- FR Manchester, LLC Delaware4
- FR Massachusetts 7, LLC Delaware4
- FR McCormick Road II LLC Delaware4
- FR McFadden General Partner, LP Delaware4
- FR McFadden Property Holding, LP Delaware4
- FR McFadden Second, LLC Delaware4
- FR Menomonee Falls, LLC Delaware4
- FR NW 12 Terrace, LLC Delaware4
- FR National Life/Harrisburg, LLC Delaware4
- FR Natwar, LLC Delaware4
- FR Newlins Logistics Park, LLC Delaware4
- FR Newlins Mill, LLC Delaware4
- FR Newlins Park, LLC Delaware4
- FR Nottingham, LLC Delaware4
- FR Oceanside, LLC Delaware4
- FR Old Post Road, LLC Delaware4
- FR Orchard 88, LLC Delaware4
- FR Orlando, LLC Delaware4
- FR PV 303 Phase 2, LLC Delaware4
- FR PV 303 Phase 3, LLC Delaware4
- FR PV 303, LLC Delaware4
- FR Park 283 Londonderry, LLC Delaware4
- FR Park 283, LLC Delaware4
- FR Park Plaza, LLC Delaware4
- FR Pepper Road LLC Delaware4
- FR Pine Hills Road, LLC Delaware4
- FR Randolph Drive, LLC Virginia4
- FR Red Lion General Partner, LP Delaware4
- FR Red Lion Property Holding, LP Delaware4
- FR Red Lion Second, LLC Delaware4
- FR Sam Houston Parkway Building E, LLC Delaware4
- FR Shader Road, LLC Delaware4
- FR Summit, LLC Virginia4
- FR Tamarind II, LLC Delaware4
- FR Texas GP, LLC Delaware4
- FR Texas LP, LLC Delaware4
- FR Washington Street, LLC Delaware4
- FR Whitehall Intermediate LLC Delaware4
- FR Whitehall Property Holding LLC Delaware4
- FR Whitehall Second LLC Delaware4
- FR Woodridge Land, LLC Delaware4
- FR Woodridge, LLC Delaware4
- FR York General Partner, LP Delaware4
- FR York Property Holding, LP Delaware4
- FR York Second, LLC Delaware4
- FR York, LLC Delaware4
- FR-Kenosha, LLC Delaware4
- FRV CO, LLC Delaware4
- First Florence I Urban Renewal, LLC New Jersey4
- First Industrial Acquisitions II, LLC Delaware4
- First Industrial Acquisitions, Inc. Maryland4
- First Industrial Development Services Tampa, LLC Delaware4
- First Industrial Finance Corporation Maryland4
- First Industrial Financing Partnership, L.P. Delaware4
- First Industrial Harrisburg Corporation Maryland4
- First Industrial Harrisburg, L.P. Delaware4
- First Industrial Investment II, LLC Delaware4
- First Industrial Investment Properties, Inc. Maryland4
- First Industrial Management Services (Denver), LLC Delaware4
- First Industrial Mortgage Corporation Maryland4
- First Industrial Mortgage Partnership, L.P. Delaware4
- First Industrial Pennsylvania Corporation Maryland4
- First Industrial Pennsylvania, L.P. Delaware4
- First Industrial Realty Trust, Inc. Maryland4
- First Industrial Securities Corporation Maryland4
- First Industrial Securities, L.P. Delaware4
- First Industrial Telecommunications LLC Delaware4
- First Industrial Texas LP Delaware4
- First Industrial, L.P. Delaware4
- First Park 283 Logistics Center, LLC Delaware4
- First Park 417, LLC Delaware4
- First Park 94, LLC Delaware4
- First Park Miami, LLC Delaware4
- Fraser Aurora, LLC Delaware4
- HQ Lemont, LLC Delaware4
- LPF 10100 Kenosha, LLC Delaware4
- Lavergne Lemont, LLC Delaware4
- Sigman Conyers, LLC Delaware4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 18, 20268-K Executive or director change8
- Jul 22, 20268-K Results of operations9
- Apr 30, 20268-K Shareholder vote; Regulation FD disclosure10
- Apr 22, 20268-K Results of operations11
- Mar 27, 20268-K Executive or director change12
- Mar 17, 20268-K Executive or director change; Regulation FD disclosure; Other events13
- Feb 4, 20268-K Results of operations14
- Jan 23, 20268-K Entered a material agreement; New debt or obligation; Regulation FD disclosure15
- Oct 15, 20258-K Results of operations16
- Aug 21, 20258-K Entered a material agreement17
- Jul 16, 20258-K Results of operations18
- May 14, 20258-K Entered a material agreement; New debt or obligation; Other events19
- Nov 23, 1993Founded FIRST INDUSTRIAL LP is founded2
Calendar
Coming up
- Around Oct 21, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.
When it reported results
- Jul 22, 2026Reported quarterly or annual results9
- Apr 22, 2026Reported quarterly or annual results11
- Feb 4, 2026Reported quarterly or annual results14
- Oct 15, 2025Reported quarterly or annual results16
- Jul 16, 2025Reported quarterly or annual results18
- Apr 16, 2025Reported quarterly or annual results20
- Feb 6, 2025Reported quarterly or annual results21
- Oct 16, 2024Reported quarterly or annual results22
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
61 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 40 major events, 1 other. The latest 20:
- Aug 18, 20268-K EDGAR
- Jul 23, 202610-Q EDGAR
- Jul 22, 20268-K EDGAR
- Apr 30, 20268-K EDGAR
- Apr 24, 202610-Q EDGAR
- Apr 22, 20268-K EDGAR
- Mar 27, 20268-K EDGAR
- Mar 17, 20268-K EDGAR
- Feb 11, 202610-K EDGAR
- Feb 4, 20268-K EDGAR
- Jan 23, 20268-K EDGAR
- Oct 17, 202510-Q EDGAR
- Oct 15, 20258-K EDGAR
- Aug 21, 20258-K EDGAR
- Jul 17, 202510-Q EDGAR
- Jul 16, 20258-K EDGAR
- May 14, 20258-K EDGAR
- May 12, 2025FWP EDGAR
- May 1, 20258-K EDGAR
- Apr 17, 202510-Q EDGAR
The 61 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How FIRST INDUSTRIAL LP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFIRST INDUSTRIAL LP1
- CIK0001033128
- Employer ID (EIN)36-39351165
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inMaryland5
- Fiscal year endsDecember 311
- Industry code (SIC)6798 Real Estate Investment Trusts1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address1 North Wacker Drive, Ste 4200, Chicago, IL 606061
- Phone31234443001
- Shares outstanding132,524,261 shares as of Feb 11, 20265
- Public float$6.3B as of Jun 30, 20255
- AuditorPricewaterhouseCoopers LLP, Chicago, Illinois PCAOB ID 238; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceFeb 14, 19971
- Filings376 in all: 8-K (150), 10-Q (88), 10-K (29), UPLOAD (20), 424B5 (12), CORRESP (11), 424B2 (8), 8-K/A (8)1
All 25 form types
424B3 (7), S-3ASR (7), S-3 (6), S-3/A (6), 10-Q/A (5), 10-K/A (4), FWP (3), S-4 (2), S-8 POS (2), 10-QT (1), 11-K (1), EFFECT (1), NT 10-K (1), POS AM (1), REGDEX (1), S-4/A (1), S-8 (1)
- Latest filingsAnnual report (10-K) Feb 11, 2026
Quarterly report (10-Q) Jul 23, 2026
Latest 8-K (8-K) Aug 18, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $.01 per share | FR | New York Stock Exchange |
| FRFI |
From the cover page of the 10-K filed Feb 11, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks FIRST INDUSTRIAL LP names in Item 1A of its 10-K filed Feb 11, 2026: 39 risks under these headings, as written.5
- Real estate investments fluctuate in value depending on conditions in the general economy and the real estate industry. These conditions may limit our revenues and available cash.
- General economic conditions and other events or occurrences that affect areas in which our properties are geographically concentrated may impact financial results.
- International trade disputes, including U.S. trade tariffs and retaliatory tariffs, could adversely impact our business.
- Many real estate costs are fixed, even if income from properties decreases.
- We may be unable to renew leases or find other tenants on advantageous terms or at all.
- We may be unable to acquire real estate on advantageous terms or acquisitions may not perform as we expect.
- We may be unable to sell properties when appropriate or at all because real estate investments are not as liquid as certain other types of assets.
- We may be unable to sell properties on advantageous terms.
- We may be unable to complete development and re-development projects on advantageous terms.
- We may incur unanticipated costs and liabilities due to environmental problems.
- We may incur significant costs to comply with various federal, state and local laws and regulations applicable to our properties.
- Adverse market and economic conditions could result in impairment charges.
The other 27 risks
- We may be subject to risks and liabilities in connection with joint venture arrangements.
- We own certain properties subject to ground leases that expose us to risks.
- We are exposed to the impacts of adverse weather events and natural disasters.
- Our insurance coverage may not cover all potential losses.
- Disruptions in the financial markets could affect our ability to obtain financing and may negatively impact our liquidity, financial condition and operating results.
- Debt financing, the degree of leverage and rising interest rates could reduce our cash flow.
- Covenants in our debt agreements could limit our flexibility and adversely affect our financial condition.
- Adverse changes in our credit ratings could negatively impact our liquidity and business operations.
- The REIT distribution requirements may limit our ability to retain capital and require us to turn to external financing sources.
- We may have to make lump-sum payments on our existing indebtedness.
- Failure to hedge effectively against interest rate changes may adversely affect our results of operations.
- Our mortgages may impact our ability to sell encumbered properties on advantageous terms or at all.
- Earnings and cash dividends, asset value and market interest rates affect the price of the Company's common stock.
- Future sales or issuances of our common stock may cause the market price of our common stock to decline.
- The market price of our common stock may fluctuate significantly.
- The Company's ability to issue preferred stock could adversely affect holders of the Company's common stock.
- The Company's Board of Directors may change its strategies, policies or procedures without stockholder approval, which may subject us to different and more significant risks in the future.
- Certain provisions of our charter and bylaws could hinder, delay or prevent a change in control of our company.
- The Company might fail to qualify as a REIT under existing laws and/or federal income tax laws could change.
- Certain property transfers may generate prohibited transaction income, resulting in a penalty tax on the gain attributable to the transaction.
- Even if we maintain our qualification as a REIT for federal income tax purposes, we may be subject to other tax liabilities that reduce our cash flow and our ability to make distributions to stockholders.
- A future contagious disease outbreak or pandemic may adversely affect our business.
- We face risks relating to cybersecurity attacks and other disruptions to our computer systems.
- We may become subject to litigation.
- Terrorist attacks, acts of violence or war may affect the market for the Company's common stock, the industry in which we conduct our operations and our profitability.
- Deficiencies in our disclosure controls and procedures or internal control over financial reporting could adversely impact our business and financial performance.
- We may be unable to retain and attract key management personnel.
Legal proceedings
We are involved in legal proceedings arising in the ordinary course of business. All such proceedings, taken together, are not expected to have a material impact on our results of operations, financial position or liquidity.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8SEC EDGARExecutive or director change
- 9SEC EDGARResults of operations
- 10
- 11SEC EDGARResults of operations
- 12SEC EDGARExecutive or director change
- 13
- 14SEC EDGARResults of operations
- 15
- 16SEC EDGARResults of operations
- 17SEC EDGAREntered a material agreement
- 18SEC EDGARResults of operations
- 19
- 20
- 21
- 22