First Industrial Realty Trust, Inc. (FR) said Tuesday that it has priced its underwritten public offering of 8.4 million shares of its common stock.
First Industrial will receive about $134 million of gross proceeds, before deducting underwriting discounts and commissions and estimated offering expenses.
The company plans to use the proceeds for general corporate purposes, which may include repayments or repurchases of debt, preferred stock redemptions, and acquisition and/or development of properties.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.