First Industrial: 3 Key Takeaways for Long-Term Investors

First Industrial Realty Trust raised its 2026 FFO guidance and reported strong Q3 performance with 16% cash rent increases on 2027 lease renewals and 105 million square feet of national industrial net absorption. The REIT's core property leasing is offsetting development delays, and Southern California industrial demand is showing signs of recovery. Management expects sustainable cash flow as rental growth moderates from pandemic peaks.