First Industrial Realty reports Q2 FFO 66c, consensus 64c

Reports Q2 revenue $163.57M, consensus $164.14M. “Congratulations to our team for delivering several significant leasing wins within our development and core portfolios across multiple markets since our last earnings release,” said CEO Peter Baccile. “We are focused on building upon these successes with further lease-up of our development projects to realize these embedded cash flow opportunities. We are also pleased to launch two new starts in our growing South Florida market as well as a partial build-to-suit in Houston.”