• First Industrial released an Inland Empire portfolio presentation outlining a coastal, infill logistics strategy focused on supply-constrained markets, with landholdings developable to about 16 million square feet and more than $2 billion of potential investment.
• Portfolio snapshot showed 414 in-service properties with 94% occupancy, total market capitalization of $10.5 billion, investment-grade credit ratings of BBB/Baa2/BBB+, net debt to EBITDA of 5.4x.
• Geographic concentration increased to 97.2% of ABR across top 15 markets, led by Southern California at 25% of ABR.
• SoCal portfolio metrics as of March 31, 2026 included 11,538,548 square feet across 86 properties with 89.8% occupancy, average net rental income of $13.42 per occupied square foot.
• Presentation highlighted portfolio modernization, with about 63% of in-service assets developed or acquired since 2010, warehouse mix at 95% of portfolio square footage.

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 May 12, 2026, and is solely responsible for the information contained therein.