First Industrial Realty publishes New Jersey portfolio tour, Mid-Atlantic portfolio review presentation

Acadia Realty Trust
First Industrial Realty Trust, Inc.

Acadia Realty Trust

AKR

0.00

First Industrial Realty Trust, Inc.

FR

0.00

  • First Industrial outlined its Mid-Atlantic portfolio transformation since 2010, citing about $0.7 billion of total value accretion, or about $5.08 per share.
  • Mid-Atlantic investments included 2.5 MSF of acquisitions with USD 221 million invested, 6.2 MSF of development/CIP with USD 689 million invested.
  • In-service Mid-Atlantic portfolio as of March 31, 2026 totaled 8,656,434 square feet across 24 properties; occupancy 89.7%.
  • Average net rental income ran at USD 7.48 per occupied square foot; Mid-Atlantic represented 12.4% of in-service square feet, 10.7% of rental income.
  • Mid-Atlantic portfolio snapshot showed USD 337 million of assets across 4.1 MSF, generating USD 18.1 million of TTM NOI at a 5.4% TTM cap rate.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Industrial Realty Trust Inc. published the original content used to generate this news brief on June 04, 2026, and is solely responsible for the information contained therein.