Reports Q4 revenue $144.61M, consensus $139.9M. "2022 was an outstanding year for First Industrial due to the contributions of our entire team as reflected in our strong performance," said CEO Peter Baccile. "We established new company highs for year-end occupancy and cash rental rate growth, which contributed to record annual cash same store NOI growth. We are well positioned to capture additional rent growth in our portfolio, demonstrated by the 33% growth in cash rental rates on signed leases commencing in 2023."
Published first on TheFly
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