First Industrial Realty Trust Inc | 7.25% Series K Cumulative Redeemable Preferred Stock (FR.PRK)
This preferred is marked as having been called.
Prospectus excerpt: Dividends on the preferred shares will be cumulative from (and including) the date of original issuance and will be payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, commencing on September 30, 2006, at the rate of 7.25% of the liquidation preference per year (equivalent to $1.8125 per depositary share per year). The preferred shares are not subject to any step-up dividend provision. Any dividend payable on the preferred shares for any partial dividend period will be pro rated, computed on the basis of a 360 day year consisting of twelve 30 day months.
First Industrial Realty Trust is a self-administered and fully integrated real estate company which owns, manages, acquires, sells, develops and redevelops industrial real estate. Co. is a real estate investment trust (REIT). Co.'s in-service portfolio includes all properties that have reached stabilized occupancy, (re)developed properties upon the earlier of reaching 90% occupancy or one year from the date construction is completed and acquired properties that are at least 75% occupied at acquisition. Co.'s operations are conducted primarily through First Industrial, L.P., of which Co. is the sole general partner.