First Industrial Realty Trust Inc at NAREIT Institutional Investor Forum Transcript

Jun 07, 2022 / 06:15PM GMT
Ki Bin Kim - Truist Securities, Inc., Research Division - MD

Good afternoon, everyone. Thank you for joining the First Industrial Realty Trust presentation. My name is Ki Bin Kim, Managing Director at Truist Securities. (inaudible), we have Peter Baccile, CEO of First Industrial. He will first introduce the rest of his management team and then open it up with some opening remarks before we turn to Q&A. So let me hand the call over to Peter.

Peter E. Baccile - First Industrial Realty Trust, Inc. - President, CEO & Director

Thanks, Ki Bin, and thank you all for joining us here today in New York and on the webcast. Joining me today from First Industrial are Scott Musil, our Chief Financial Officer; and Art Harmon, Vice President of Investor Relations and Marketing.

We're a U.S.-only industrial developer owner and manager, our investment focus is on 15 markets with Southern California being the largest, representing 23% of our rental revenue. Our portfolio is 98% occupied, and market vacancies in the top U.S. markets are 3% or less. So we are able

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