Industrial Real Estate Fundamentals “Never Been Better,” First Industrial Says

Bruce Duncan, president and CEO of First Industrial Realty Trust, Inc. (NYSE: FR), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

First Industrial owns and operates industrial real estate for multinational corporations and regional customers in major markets across North America.

Duncan discussed the firm’s current development pipeline and the outlook for leasing.

News

Industrial REIT DCT Seeing Strength Across Portfolio

Phil Hawkins, president and CEO of DCT Industrial Trust (NYSE: DCT), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

DCT acquires, develops, leases and manages bulk distribution and light industrial properties located in high-volume markets in the United States.

While e-commerce is a major driver of the company’s fundamentals, Hawkins said demand “across all industry verticals is good…frankly, it’s never been better in my career.”

News

First Industrial CEO Encouraged by Fundamentals

Bruce Duncan, president and CEO of First Industrial Realty Trust, Inc. (NYSE: FR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

First Industrial owns industrial real estate in major markets across the United States.

Duncan said he is “very encouraged” by industry fundamentals heading into 2016. During the third quarter, First Industrial’s occupancy rate increased to 95.5 percent from 95.1 percent, he said.

News

DCT Industrial CEO Says Demand for Space Still Strong

Phil Hawkins, CEO of DCT Industrial Trust, Inc. (NYSE: DCT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

DCT focuses on bulk distribution and light industrial properties located in high-volume distribution markets in the United States.

Hawkins discussed the trends he sees in industrial real estate regarding supply and demand.

“I feel excellent. I’m very bullish on our business,” he said.

News

STAG Industrial CEO Says REIT Enjoying Favorable Leasing Conditions

Benjamin Butcher, president and CEO of STAG Industrial, Inc. (NYSE: STAG), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

STAG is a Boston-based REIT focused on the acquisition and operation of single-tenant, industrial properties throughout the United States.

Butcher told REIT.com that the dynamics for favorable leasing conditions have improved during the last year.

News

Duke Realty Sees Solid Fundamentals in Industrial, Medical Office Portfolios

Denny Oklak, chairman and CEO of Duke Realty Corp. (NYSE: DRE), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

With bulk distribution facilities now making up more than 70 percent of Duke’s portfolio, Oklak provided an overview of industrial market fundamentals.

“The industrial business is really very good at this time,” he said. Oklak noted that Duke’s in-service occupancy rates within its bulk industrial portfolios are at almost 97 percent.

News