First Industrial REIT Gets $178M Financing

First Industrial Realty Trust has closed a financing transaction worth $178.3 million.

First Industrial Realty Trust has closed a financing transaction worth $178.3 million. The industrial real estate owner and operator has closed the deal with a life insurance company.

The loan is secured by 32 properties. Each loan that comprises the financing will expire in seven years and carries an interest rate of 4.45%.

Click here for the release from PR Newswire.