Moody's Ratings announces completion of a periodic review of ratings of First Industrial, L.P.
Moody's Ratings (Moody's) has completed a periodic review of the ratings of First Industrial, L.P. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 14 May 2024 in which Moody's reassessed the appropriateness of the ratings in the co...First Industrial Realty Trust is a self-administered and fully integrated real estate company which owns, manages, acquires, sells, develops and redevelops industrial real estate. The company is a real estate investment trust. The company's in-service portfolio includes all properties that have reached stabilized occupancy (defined as properties that are 90% leased), (re)developed properties upon the earlier of reaching 90% occupancy or one year from the date construction is completed and acquired properties that are at least 75% occupied at acquisition. The company's operations are conducted primarily through First Industrial, L.P., of which the company is the sole general partner.
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