CHICAGO, Aug. 2, 2016 /PRNewswire/ -- First Industrial
Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner,
operator and developer of industrial real estate, today announced
that its board of directors declared a common stock dividend of
$0.19 per share/unit for the quarter
ending September 30, 2016 payable on
October 17, 2016 to stockholders of
record on September 30, 2016.
About First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading
fully integrated owner, operator, and developer of industrial real
estate with a track record of providing industry leading customer
service to multinational corporations and regional customers.
Across major markets in the United
States, our local market experts manage, lease, buy,
(re)develop, and sell bulk and regional distribution centers, light
industrial, and other industrial facility types. In total, we own
and have under development approximately 63.9 million square feet
of industrial space as of June 30,
2016. For more information, please visit us at
www.firstindustrial.com.
Forward-Looking Information
This press release may contain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933,
and Section 21E of the Securities Exchange Act of 1934. We intend
for such forward-looking statements to be covered by the safe
harbor provisions for forward-looking statements contained in the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are based on certain assumptions and describe our future
plans, strategies and expectations, and are generally identifiable
by use of the words "believe," "expect," "plan," "intend,"
"anticipate," "estimate," "project," "seek," "target," "potential,"
"focus," "may," "will," "should" or similar words. Although we
believe the expectations reflected in forward-looking statements
are based upon reasonable assumptions, we can give no assurance
that our expectations will be attained or that results will not
materially differ. Factors which could have a materially adverse
effect on our operations and future prospects include, but are not
limited to: changes in national, international, regional and local
economic conditions generally and real estate markets specifically;
changes in legislation/regulation (including changes to laws
governing the taxation of real estate investment trusts) and
actions of regulatory authorities; our ability to qualify and
maintain our status as a real estate investment trust; the
availability and attractiveness of financing (including both public
and private capital) and changes in interest rates; the
availability and attractiveness of terms of additional debt
repurchases; changes in our credit agency ratings; our ability to
comply with applicable financial covenants; our competitive
environment; changes in supply, demand and valuation of industrial
properties and land in our current and potential market areas;
difficulties in identifying and consummating acquisitions and
dispositions; our ability to manage the integration of properties
we acquire; potential liability relating to environmental matters;
defaults on or non-renewal of leases by our tenants; decreased
rental rates or increased vacancy rates; higher-than-expected real
estate construction costs and delays in development or lease-up
schedules; changes in general accounting principles, policies and
guidelines applicable to real estate investment trusts; and other
risks and uncertainties described under the heading "Risk Factors"
and elsewhere in our annual report on Form 10-K for the year ended
December 31, 2015, as well as those
risks and uncertainties discussed from time to time in our other
Exchange Act reports and in our other public filings with the SEC.
We caution you not to place undue reliance on forward-looking
statements, which reflect our outlook only and speak only as of the
date of this press release or the dates indicated in the
statements. We assume no obligation to update or supplement
forward-looking statements. For further information on these and
other factors that could impact us and the statements contained
herein, reference should be made to our filings with the
SEC.
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SOURCE First Industrial Realty Trust, Inc.