Lari Bat/iStock via Getty Images Investment thesis I believe that the recent drop in First Industrial Realty Trust (NYSE:FR) left the valuation detached from its business fundamentals and long-term ability to generate cash flows. The Company has clear growth drivers resulting from: ability to significantly bump its rents upon termination strategically located, large land bank expected improvements in the supply-to-demand relationship Moreover, it has no debt maturities until 2026, delivered an impressive di ...