Company: FR
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000921825-25-000019
Chunk: 414

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 12
Chunk 414
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 our property and land dispositions for the years ended December 31, 2024, 2023 and 2022:Year Ended December 31, 202420232022Number of Industrial Properties Sold 22 11 9 GLA (in millions) (A)1.2 1.0 2.2 Gross Proceeds from the Sale of Real Estate (A)$162,757 $125,293 $178,340 Gain on Sale of Real Estate (A) $111,970 $95,650 $128,268 (A)  Gross proceeds and gain on sale of real estate include the sale of two land parcels for the year ended December 31, 2023 and one land parcel for the year ended December 31, 2022.Real Estate Held for SaleAs of December 31, 2024, we had two industrial properties held for sale totaling approximately 0.1 million square feet of GLA.

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4. Indebtedness

The following table discloses certain information regarding our indebtedness: Outstanding Balance atInterestRate atDecember 31,2024EffectiveInterestRate atIssuanceMaturityDate December 31, 2024December 31, 2023Mortgage Loan Payable$9,643 $9,978 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