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First Industrial LP

Complete construction of Building C at Camelback 303 joint venture in Phoenix

Not delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
6 Feb 2025
Due
31 Mar 2025
Checked
25 Sep 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“commencement expected in the first quarter of 2025”

What we found

Evidence strength A What the grades mean

The company reported that as of March 31, 2025, and through September 30, 2025, tenant improvements for Building C were not complete, indicating construction was not finished by the first quarter deadline.

  • A
    First Industrial LP 10-Q filed 2025-04-17 Regulatory filing · published 17 Apr 2025 · retrieved 25 Sep 2026 · kept permanently by the SEC · fingerprint 3757b2bd37c5
    “As of March 31, 2025, we maintain an outstanding completion guarantee to the lender and our third-party joint venture partner for timely completion of the construction of Building C, as tenant improvements are not complete.” ✓ confirmed on the page
  • A
    First Industrial LP 10-Q filed 2025-10-17 Regulatory filing · published 17 Oct 2025 · retrieved 25 Sep 2026 · kept permanently by the SEC · fingerprint c24fca3b7983
    “As of September 30, 2025, we maintain an outstanding completion guarantee to the lender and our third-party joint venture partner for timely completion of the construction of Building C, as tenant improvements are not complete.” ✓ confirmed on the page

Checked 25 Sep 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Construction
Indicative materiality
Medium rules
Action
Complete
Language
Expected (“expects”, “plans”)

How this entry was checked

  1. Commitment recordedRecorded from the company's filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
  4. Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2025-C033128-000359 · Corrections policy

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