First Industrial Realty Trust Inc (FRA:F5W)
€ 54 +1 (+1.89%) Market Cap: 7.26 Bil Enterprise Value: 9.58 Bil PE Ratio: 24.19 PB Ratio: 3.00 GF Score: 88/100

First Industrial Realty Trust Inc at REITWeek: NAREIT's Investor Forum Transcript

Jun 05, 2019 / 03:45PM GMT
Release Date Price: €31.63 (+1.92%)
Ki Bin Kim
SunTrust Robinson Humphrey, 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 SunTrust Robinson Humphrey, and I cover about 30 REITs across various subsectors.

It is my pleasure to introduce Peter Baccile, CEO of FR. Peter?

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

Thanks, Ki Bin, and good morning, everybody. With me today from the FR team are Jojo Yap, our Chief Investment Officer; Scott Musil, our Chief Financial Officer; and to my left, Art Harmon, Vice President of Investor Relations and Marketing.

For those of you that don't -- aren't that familiar with FR, we're a U.S.-only-focused industrial REIT. Our largest market is Southern California. We currently own about 61 million square feet. We're in pretty much all the major markets with a strong focus now on our coastal markets.

We have a balance sheet that's rock-solid, 4.8x debt-to-EBITDA and lots of

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