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Get FR alertsThe proxy statement of First Industrial Realty Trust Inc reports total compensation of $3,137,071 for Peter Schultz in fiscal 2025, including a base salary of $488,000. Disclosed compensation is on record for 6 fiscal years. Peter Schultz has spoken on 3 earnings calls across 1 company, most recently for First Industrial Realty Trust Inc on October 22, 2026. First Industrial Realty Trust Inc is classified in the REIT - Industrial industry within the Real Estate sector. Other leadership on record at First Industrial Realty Trust Inc includes Peter Baccile (CEO), Peter E. Baccile (CEO and Board Member), Scott Musil (CFO) and 7 others.
“So the large one in Denver we talked about is signed. That's in that population. I would say the rent change on that was a little bit more modest given the conditions in Denver. and then our largest remaining is in Atlanta, and we are finalizing those discussions now.”
“Just to add to JoJo and Peter's comment, to give you some color on the Boohoo outcome and our 701 Pennsylvania, we had multiple prospects for both of those spaces.”
“Activity in the submarket continues to be good. The pipeline for new supply is very limited and tenants have relatively few choices. The lease signings to date have been in a couple of buildings that were bigger than us or smaller than us.”
Proxy statement
Start not stated–present
Last confirmed March 30, 2026
REIT - Industrial · Real Estate
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | First Industrial Realty Trust Inc (FR) | Executive Vice President — East Region | $488,000 | $3,137,071 |
| 2024 | First Industrial Realty Trust Inc (FR) | Executive Vice President — East Region | $451,500 | $2,436,848 |
| 2023 | First Industrial Realty Trust Inc (FR) | Executive Vice President — East Region | $434,000 | $2,346,837 |
| 2022 | First Industrial Realty Trust Inc (FR) | Executive Vice President — East Region | $415,000 | $2,106,266 |
| 2021 | First Industrial Realty Trust Inc (FR) | Executive Vice President — East Region | $365,000 | $1,978,417 |
| 2020 | First Industrial Realty Trust Inc (FR) | Executive Vice President — East Region | $320,000 | $1,693,142 |
