Recent Updates — REXR

Rexford Industrial Realty reported third-quarter 2026 net income attributable to common stockholders of $14.6 million, or $0.07 per diluted share, compared to $87.1 million in the prior year period. The company’s Core FFO per diluted share was $0.60, consistent with the prior year quarter. Same Property Portfolio Cash NOI decreased 1.1% and occupancy ended at 96.9%. The company disposed of 25 properties for $1.3 billion, bringing year-to-date dispositions to $1.5 billion, and repurchased 10.9 million shares for $408.7 million. Rexford raised its full-year 2026 Core FFO per diluted share guidance to a range of $2.41 to $2.44 from the previous estimate of $2.38 to $2.43. The company operates as an industrial real estate investment trust focused on infill Southern California.

Rexford Industrial Realty completed the disposition of a portfolio comprising 22 industrial properties to an affiliate of EQT Real Estate for approximately $1.2 billion on September 16, 2026. The transaction involves 5.2 million rentable square feet and is part of a broader $2.0 billion non-core asset realignment initiative. Year-to-date dispositions total $1.5 billion, with proceeds deployed toward debt repayment, common stock repurchases, and development projects. Rexford Industrial Realty operates as an equity REIT focused on investing in, operating, and repositioning industrial properties in Southern California.