Company: FR
Filing Date: 2025-04-17
Form Type: 10-Q
Source: 0000921825-25-000039
Chunk: 38

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-04-17
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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891 Total Purchase Price $135,717 SalesDuring the three months ended March 31, 2025, we sold two industrial properties totaling approximately 0.1 million square feet of GLA. Gross proceeds from the sales were $11,860 and the gain on sale of real estate attributable to these sales was $6,844. Real Estate Held for Sale

As of March 31, 2025, we had one industrial property held for sale totaling approximately 0.02 million square feet of GLA. 

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4. Indebtedness

The following table discloses certain information regarding our indebtedness:  Outstanding Balance atInterestRate atMarch 31, 2025EffectiveInterestRate atIssuanceMaturityDate March 31, 2025December 31, 2024Mortgage Loan Payable$9,557 $9,643 4.17%4.17%8/1/2028Senior Unsecured Notes, Gross2027 Notes6,070 6,070 7.15%7.11%5/15/20272028 Notes31,901 31,901 7.60%8.13%7/15/20282032 Notes10,600 10,600 7.75%7.87%4/15/20322027 Private Placement Notes125,000 125,000 4.30%4.30%4/20/20272028 Private Placement Notes150,000 150,000 3.86%3.86%2/15/20282029 Private Placement Notes75,000 75,000 4.40%4.40%4/20/20292029 II Private Placement Notes150,000 150,000 3.97%4.23%7/23/20292030 Private Placement Notes150,000 150,000 3.96%3.96%2/15/20302030 II Private Placement Notes100,000 100,000 2.74%2.74%9/17/20302032 Private Placement Notes200,000 200,000 2.84%2.84%9/17/2032Subtotal$998,571 $998,571 Unamortized Debt Issuance Costs(3,169)(3,347)Unamortized Discounts(38)(40)Senior Unsecured Notes, Net$995