Land & Buildings Investment Management, LLC (“Land & Buildings”) recently announced its intention to vote against two long-serving directors, Mr. Dominski and Ms. Hackett, at the 2026 annual shareholders meeting of First Industrial Realty Trust, Inc.
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The investment management company stated that this move reflects its concerns regarding the governance structure of First Industrial Realty Trust and the board refreshment process. Land & Buildings believes that the board needs to be infused with new perspectives and expertise to better address future market challenges and drive sustained shareholder value growth. Further details and specific reasons regarding this voting intention are expected to be disclosed more fully as the 2026 shareholders' meeting approaches.
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