Company: FR
Filing Date: 2025-08-21
Form Type: 424B5
Source: 0000921825-25-000095
Chunk: 20

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-08-21
Form: 424B5
Chunk 20
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 time to time, through the Sales Agents or the Forward Sellers, acting as our agents, or directly to the Sales Agents, as principals for their own accounts, shares of our common stock, par value $0.01 per share, having an aggregate offering price of up to $800,000,000. The sales, if any, of the shares of our common stock under each of the distribution agreements may be made by the Sales Agents, acting as our agent, in negotiated transactions, which may include block trades, or transactions that are deemed to be “at-the-market” offerings as defined in Rule 415 of the Securities Act, including sales made directly on the NYSE, the existing trading market for our common stock, or sales made to or through a market maker or through an electronic communications network. Under the terms of the distribution agreements, we may also sell our common stock to the Sales Agents as principals for their own accounts at prices agreed upon at the time of sale. Certain of the distribution agreements contemplate that, in addition to the issuance and sale by us of shares of our common stock to or through the Sales Agents, we may enter into separate forward sale agreements with the Forward Purchasers. If we enter into a forward sale agreement with any Forward Purchaser, we expect that such Forward Purchaser (or its affiliate) will attempt to borrow from third parties and sell, through the relevant Forward Seller, shares of our common stock to hedge such Forward Purchaser’s exposure under such forward sale agreement. Each Forward Seller is a Sales Agent that is, or is affiliated with, the relevant Forward Purchaser, other than Nomura Securities International, Inc. who is acting through BTIG, LLC (as agent) as Forward Seller to Nomura Global Financial Products, Inc. (as Forward Purchaser). If we sell our common stock to any of the Sales Agents as principals, we will enter into a separate terms agreement with such Sales Agent. We will not issue more than 16,000,000 shares of our common stock pursuant to the distribution agreements.

The offering of shares of our common stock pursuant to each distribution agreement will terminate upon the earlier of (1) the sale of 16,000,000 shares pursuant to the distribution agreements, (2) the sale of shares pursuant to the distribution agreements for an aggregate offering price of $800,000,000, (3) the termination of such distribution agreement by either us or the respective Sales Agent at any time in accordance with the terms of such distribution agreement and (4) May 7