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CHICAGO-During First Industrial Real Estate Trust’s Q3 earnings call, executives noted that the REIT completed and committed to a total of more than $200 million of new investments. Though the local company’s goal is to buy more, president and CEO Bruce Duncan acknowledged, during the call, that it won’t be easy.

“While we’re pleased with our progress, it’s also important to note that the investment markets, particularly for the types of assets we’re focused on, remain very competitive,” he remarked. “We’ll maintain our discipline on pricing so our main avenue for growth and new investment may continue to be development or value-add acquisition opportunities using our platform.”

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