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Rexford Industrial Acquires Industrial Property For $14M; Sells Separate Property For $9.6M

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

Benzinga · 01/07/2020 21:16

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 an industrial property for $14.0 million and the disposition of an industrial property for $9.6 million. The acquisition was funded using cash-on-hand and disposition proceeds. The transactions were completed during the fourth quarter of 2019.