The Yield Hunter Let's make some money and sleep well at night
|
First Industrial Realty
Commercial/Industrial REIT
10K
Year End 12/31/2007
|
Copyrights 2006-2007 SGM Publishing
|
First Industrial Realty Trust, Inc. operates as a real estate investment trust. The
company engages in the ownership, management, acquisition, sale,
development, and redevelopment industrial real estate in the United States and
Canada. As of December 31, 2006, its in-service portfolio included 416 light
industrial properties, 147 research and development flex properties, 173 bulk
warehouses, 98 regional warehouses, and 24 manufacturing properties
containing approximately 68.6 million square feet of gross leasable area located
in 28 states in the United States and one province in Canada. The company has
elected to be taxed as a REIT and would not be subject to federal income tax,
provided it distributes 90% of its taxable income to its shareholders. Industrial
Realty Trust was founded in 1993 and is headquartered in Chicago, Illinois.