First Industrial Realty Trust reported second quarter 2026 results with diluted net income of $0.58 per share and FFO of $0.82 per share. The company increased the midpoint of its 2026 FFO guidance by $0.02 per share. Key highlights include a 6.7% increase in cash same store NOI and a 39% increase in cash rental rates on new and renewal leasing. The company also commenced development of a 613,000 square-foot facility in Philadelphia with an estimated $77 million investment. First Industrial is a logistics real estate owner, operator, and developer.