first industrial realty tr (FR) Key Developments
Ohio Transmission Corp. Signs 88-Month Lease at First Industrial Realty Trust Inc.'s 6821-6857 Hazelwood Avenue in Berkeley, Missouri
Sep 15 14
Ohio Transmission Corp. signed an 88-month lease at First Industrial Realty Trust Inc.'s 6821-6857 Hazelwood Avenue in Berkeley, Mo. The company leased 36,000 square feet at the 180,658-square-foot warehouse.
First Industrial Realty Trust Leases 70,771 Square Feet to Clearfield Inc. at New Interstate North Business Center in Brooklyn Park
Sep 11 14
First Industrial Realty Trust has signed another tenant to its new Interstate North Business Center in Brooklyn Park. Clearfield Inc. has signed a lease for 70,771 square feet at the new development, on the northwest quadrant of Interstate 694 and Highway 81. The company is expected to move into the building in the first quarter of 2015.
First Industrial Realty Trust Announces 447,000 Square Feet of Development Leasing in Dallas and Minneapolis
Sep 10 14
First Industrial Realty Trust Inc. announced that it has signed a long-term full-building lease for 376,601 square feet with a leading company in the food and beverage industry at its First Pinnacle Industrial Center development in Dallas. The lease is expected to commence in the second quarter of 2015. First Pinnacle Industrial Center is a two-building complex totaling 598,138 square feet slated for completion in early 2015. To date, First Pinnacle is 87% pre-leased.
First Industrial Realty Trust Appoints John Hanlon as Senior Investment/Development Officer for New Jersey Region
Sep 10 14
First Industrial Realty Trust has appointed John Hanlon as senior investment/development officer for New Jersey region. Mr. Hanlon brings more than 25 years of real estate experience to First Industrial with a focus on commercial investment and development for public and private companies, primarily of regional and bulk distribution facilities. He previously worked in a senior capacity with real estate firms including Cornerstone Real Estate Funds, Prologis, Opus East, LLC, and Grubb & Ellis. Most recently, he served as principal for the Hayden Maguire Real Estate Fund and senior acquisitions officer for Hayden Real Estate Investments.
First Industrial Realty Trust Leases 245,143 SF to FAM, LLC at its First Bandini Logistics Center in Los Angeles
Sep 8 14
First Industrial Realty Trust Inc. announced that it signed a long-term lease for approximately half of its 489,400 square-foot First Bandini Logistics Center in the Los Angeles market. FAM, LLC will use the facility as its new corporate headquarters and primary distribution location. The lease start date is December 31, 2014.