Rexford Industrial Announces $250.5 million of Investment Activity
Rexford Industrial Realty, Inc. (REXR)
Last rexford industrial realty, inc. earnings: 2/11 04:15 pm
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US:NYSE Investor Relations:
ir.rexfordindustrial.com
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Source: PR Newswire
LOS ANGELES, Sept. 13, 2021 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today announced the acquisition of four industrial properties comprising 837,500 square feet of improvements, for an aggregate purchase price of $250.5 million. The acquisitions were funded using cash on hand and proceeds from forward equity settlements."These investments demonstrate Rexford's unique access to supply-constrained infill Southern California, the nation's most sought-after industrial market," said Howard Schwimmer and Michael Frankel, Co-Chief Executive Officers of the Company. "Through our proprietary originations platform, we continue to leverage our deep local sharp-shooter advantage together with our value-add redevelopment expertise to enable superior return on investment and favorable
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News
- Rexford Industrial Realty (REXR) Fell Due to Multiple Concerns [Yahoo! Finance]Yahoo! Finance
- Rexford Industrial Realty, Inc. (NYSE: REXR) had its price target raised by analysts at Barclays PLC from $45.00 to $46.00. They now have an "underweight" rating on the stock.MarketBeat
- Rexford Industrial Realty, Inc. (NYSE: REXR) is now covered by analysts at Wedbush. They set a "neutral" rating and a $45.00 price target on the stock.MarketBeat
- Rexford Industrial Realty, Inc. (NYSE:REXR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Rexford Industrial Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
REXR
Earnings
- 4/17/24 - In-Line
REXR
Sec Filings
- 4/22/24 - Form 10-Q
- 4/17/24 - Form 8-K
- 4/15/24 - Form ARS
- REXR's page on the SEC website