921825--3/16/2006--FIRST_INDUSTRIAL_REALTY_TRUST

related topics

{debt, indebtedness, cash}

{tax, income, asset}

{acquisition, growth, future}

{investment, property, distribution}

{loss, insurance, financial}

{cost, regulation, environmental}

{provision, law, control}

{stock, price, share}

The Company may be unable to acquire properties on advantageous terms or acquisitions may not perform as the Company expects. The Company may be unable to complete development and re-development projects on advantageous terms. The Company may be unable to renew leases or find other lessees. The Company might fail to qualify or remain qualified as a REIT. Certain property transfers may generate prohibited transaction income, resulting in a penalty tax on the gain attributable to the transaction. The REIT distribution requirements may require the Company to turn to external financing sources. Debt financing, the degree of leverage and rising interest rates could reduce the Company s cash flow. Cross-collateralization of mortgage loans could result in foreclosure on substantially all of the Company s properties if the Company is unable to service its indebtedness. The Company may have to make lump-sum payments on its existing indebtedness. There is no limitation on debt in the Company s organizational documents. Rising interest rates on the Company s Unsecured Line of Credit could decrease the Company s available cash. Earnings and cash dividends, asset value and market interest rates affect the price of the Company s common stock. The Company may incur unanticipated costs and liabilities due to environmental problems. The Company s insurance coverage does not include all potential losses.

Full 10-K form ▸

921825--3/16/2006--FIRST_INDUSTRIAL_REALTY_TRUST_INC