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-0.000281610813855396 0.000422416220782694 0.00183047029005907 0.00211208110391427 0.00422416220782874 0.00366094058011815 -0.00281610813855256 -0.00394255139397354
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Rexford (REXR) Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

Rexford Industrial Realty, Inc. (REXR) 
Last rexford industrial realty, inc. earnings: 2/11 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.rexfordindustrial.com
Chief Operating Officer — John Nahas Chief Financial Officer — Michael P. Fitzmaurice Vice President, Investor Relations — Mikaela Lynch TAKEAWAYS Leasing activity -- Record 4.1 million square feet leased, up over 70% year over year, with 70% of volume from renewals and the majority executed in the second half of the quarter. Core FFO per share -- Reported at $0.61, surpassing internal forecast by $0.01 and rising $0.02 sequentially from the prior quarter, driven by stronger NOI growth, share buybacks, and lower G&A. Same-property NOI growth -- Increased 90 basis points on a net effective basis and declined 40 basis points on a cash basis, reflecting occupancy gains but higher concessions. Cash releasing spreads -- Negative 15.4% including the Tireco renewal, negative 1.8% excluding Tireco; management noted Tireco's "approximately 30% negative spread" was skewed by previously above-market rent and not indicative of broader trends. Share repurchases -- $200 million of Show less Read more
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