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First Industrial Realty Trust Acquires 134 Acres in the Orlando Market for Future Development

CHICAGO, IL (REIT Media) March 11, 2008 - First Industrial Realty Trust, Inc. (NYSE: FR), a leading provider of industrial real estate supply chain solutions, today announced that it has acquired 134 acres of land for future development just outside of Orlando, FL. The acquisition and future development of the site, known as "First Park Groveland," will be completed through First Industrial's Development and Repositioning Joint Venture with the California State Teachers' Retirement System (CalSTRS), the second-largest public pension fund in the U.S. with a $175 billion portfolio.

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Continue reading Comments (0) Mar.11.2008. 09:00

AMB Property Corporation(R) Enters Savannah Market With Port-Related Development

SAN FRANCISCO, CA (REIT Media) March 11, 2008 - AMB Property Corporation® (NYSE: AMB), a leading global developer and owner of industrial real estate, today announced its entry into the Savannah market with a 347,000 square foot facility -- the first speculative industrial development in the southeastern United States built to the LEED(TM) Silver Standard.

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Continue reading Comments (0) Mar.11.2008. 09:00

AMB Property Corporation(R) Announces Webcast for 2008 Annual Stockholders' Meeting

SAN FRANCISCO, CA (REIT Media) March 10, 2008 - AMB Property Corporation® (NYSE: AMB) will host its 2008 Annual Stockholders' Meeting on Thursday, May 8, 2008, at 2:00 PM PDT/5:00 PM EDT. Stockholders are invited to attend the meeting at AMB's corporate headquarters located at Pier 1, Bay 1 in San Francisco, California.

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Continue reading Comments (0) Mar.10.2008. 16:15

First Industrial Realty Trust Names Kristof De Witte Country Director for Belgium and Development Director for The Netherlands and Belgium

CHICAGO, IL (REIT Media) March 10, 2008 - First Industrial Realty Trust, Inc. (NYSE: FR), a leading provider of industrial real estate supply chain solutions, today announced that Kristof De Witte has been named country director for Belgium and development director for The Netherlands and Belgium. Mr. De Witte will lead First Industrial's new business development in Belgium by providing logistics solutions to customers through the acquisition, development, redevelopment, leasing and property management of industrial real estate.

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Continue reading Comments (0) Mar.10.2008. 06:00

EastGroup Properties Announces Dividend Increase From $.50 to $.52 per share

JACKSON, MS (REIT Media) March 6, 2008 - EastGroup Properties (NYSE: EGP) announced today that its Board of Directors approved a 4.0% increase in its quarterly dividend, raising it to $.52 per share from $.50 per share. This is the sixteenth consecutive year of dividend increases. The dividend is payable on March 31, 2008 to shareholders of record of Common Stock on March 21, 2008.

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Continue reading Comments (0) Mar.06.2008. 12:21

First Industrial Realty Trust Acquires 61 Acres in the Toronto Market for Future Development

CHICAGO, IL (REIT Media) March 6, 2008 - First Industrial Realty Trust, Inc. (NYSE: FR), a leading provider of industrial real estate supply chain solutions, today announced that it has acquired 61 acres of land for future development in the Toronto market. The parcel is located in the emerging Highway 427 Corridor in Vaughan, Ontario, one mile south of the Greenbelt, which circles the Greater Toronto Area.

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Continue reading Comments (0) Mar.06.2008. 09:01

First Industrial Realty Trust Expands Landholdings in Strategic Southern California Markets to 1,300 Acres Developable to 26 Million Square Feet of Distribution

CHICAGO, IL (REIT Media) March 5, 2008 - First Industrial Realty Trust, Inc. (NYSE: FR), a leading provider of industrial real estate supply chain solutions, today announced that its landholdings in Southern California now total 1,300 acres, developable to approximately 26 million square feet of industrial space.

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Continue reading Comments (0) Mar.05.2008. 09:00