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Press Release
First Industrial Acquires $11 Million Facility in Harrisburg Area
First Industrial Acquires $11 Million Facility in Harrisburg Area
CHICAGO, February 5, 1999 – First Industrial Realty Trust, Inc. (NYSE:FR) announced today the $10.6 million acquisition of a bulk-warehouse facility totaling 378,000 square feet in Mechanicsburg, PA.
The property is located at 571 Independence Blvd. in the Upper Allen Business Park. First Industrial's Regional Director Jeff Thomas and his Harrisburg team will manage the property.
First Industrial Realty Trust, Inc. is a fully integrated, self-advised real estate company that owns and operates 71 million square feet of industrial real estate in the U.S. The Company's strategy is to create shareholder value through the operation of its national franchise, focusing on superior localized customer service, operational efficiencies, low-risk developments, and strategic and opportunity-driven acquisitions.