US EditionPublished • loading... • Updated
First Industrial Realty Trust Comments on Land & Buildings' Withdrawal of Jonathan Litt as a Director Nominee - First Industrial Realty (NYSE:FR)
Land & Buildings withdrew its nominee and urges shareholders to vote against two longest-tenured directors due to lack of governance engagement, ahead of First Industrial's 2026 annual meeting.
- On March 20, 2026, First Industrial Realty Trust, Inc. commented on Land & Buildings Investment Management, LLC's withdrawal of its director nominee Jonathan Litt ahead of the Company's April 30, 2026 Annual Meeting.
- Land & Buildings said it withdrew after finding the First Industrial Board uninterested in constructively engaging on governance improvements and determined it can be more effective from outside the boardroom.
- First Industrial filed preliminary proxy materials with the U.S. Securities and Exchange Commission and urged stockholders to read the proxy statement, with documents available free at its investor website and the SEC.
- The letter urged shareholders to vote against Chairman Matt Dominski and Director H. Patrick Hackett, Jr., the longest-tenured directors on the Board, signaling that the status quo is unacceptable.
- First Industrial highlighted its 71.6 million square feet of industrial space concentrated in 15 target MSAs as of December 31, 2025, and said it began 2026 from a position of strength focused on driving cash flow growth.
Insights by Ground AI
23 Articles
23 Articles
phelpscountyfocus.com+18 Reposted by 18 other sources
First Industrial Realty Trust Comments on Land & Buildings' Withdrawal of Jonathan Litt as a Director Nominee
CHICAGO, March 20, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of logistics real estate, today commented on Land & Buildings' withdrawal of its director nominee, Land & Buildings principal…
First Industrial Realty Trust Comments on Land & Buildings' Withdrawal of Jonathan Litt as a Director Nominee - First Industrial Realty (NYSE:FR)
CHICAGO, March 20, 2026 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE:FR), a leading fully integrated owner, operator and developer of logistics real estate, today commented on Land & Buildings'
·New York, United States
Read Full Article
Land & Buildings Sends Letter to First Industrial Realty Trust ...
·Crystal River, United States
Read Full ArticleCoverage Details
Total News Sources23
Leaning Left2Leaning Right0Center11Last UpdatedBias Distribution85% Center
Bias Distribution
- 85% of the sources are Center
85% Center
15%
C 85%
Factuality
To view factuality data please Upgrade to Premium
