Truist Financial Maintains Rexford Industrial Realty Inc(REXR.US) With Buy Rating, Announces Target Price $40
Truist Financial analyst Anthony Hau has maintained a "buy" rating for Rexford Industrial Realty Inc (REXR.US) and set a target price of $40. According to TipRanks, the analyst has a 60.4% success rate and an average return of 5.1% over the past year. TipRanks provides analysis data, calculating success rates and average returns based on virtual portfolios for informational purposes only.
14,200 Rexford (NYSE: REXR) performance units vest for general counsel
Rexford Industrial Realty, Inc.'s General Counsel & Secretary, David E. Lanzer, has acquired 14,200 Performance Units. These units are a result of a performance award initially granted in November 2022, which vested after the performance measurement period concluded on December 31, 2025. Following this transaction, Lanzer now directly holds 30,998 Performance Units and 65,245 LTIP Units in the operating partnership.
JPMorgan Chase & Co. Cuts Rexford Industrial Realty (NYSE:REXR) Price Target to $39.00
JPMorgan Chase & Co. has lowered its price target for Rexford Industrial Realty (NYSE:REXR) from $42.00 to $39.00, maintaining a "neutral" rating. This new target implies a potential upside of approximately 5.3% from the current stock price. Despite the price target cut, Rexford Industrial Realty recently beat quarterly EPS estimates and provided positive FY2026 guidance, though insiders, including the CEO, have sold shares.
How Investors Are Reacting To Rexford Industrial Realty (REXR) Earnings Dip, Dividend Hike And New Buyback
Rexford Industrial Realty (REXR) reported mixed 2025 results, with higher revenue but lower net income and EPS. Despite the earnings dip, the company announced increased dividends and a new $500 million share repurchase program, signaling management's confidence in cash generation. The article discusses how these financial moves and the ongoing redevelopment efforts in Southern California industrial properties will shape REXR's investment narrative, with community fair value estimates clustering between $40.94 and $43.94.
Citigroup Lowers Price Target for Rexford Industrial Realty (REXR) to $39
Citigroup has maintained its "Neutral" rating for Rexford Industrial Realty (REXR) but reduced its price target by 15.22% to $39, effective February 13, 2026. This adjustment follows a trend of other analysts also making price target modifications for REXR. The article also provides Wall Street analyst forecasts and GuruFocus' estimated GF Value for REXR, suggesting potential upside from its current price.
Rexford Industrial Realty, Inc. (NYSE:REXR) Given Consensus Rating of "Hold" by Brokerages
Rexford Industrial Realty, Inc. (NYSE:REXR) has received a consensus "Hold" rating from thirteen brokerages, with an average one-year target price of $42.83. The company recently reported Q4 EPS of $0.59, beating estimates, and revenue of $248.1 million, slightly below forecasts. Rexford also increased its quarterly dividend to $0.435 per share, offering a 4.5% yield.
Analysts Have Conflicting Sentiments on These Real Estate Companies: Rexford Industrial Realty (REXR) and Invitation Homes (INVH)
The article discusses conflicting analyst sentiments on two real estate companies: Rexford Industrial Realty (REXR) and Invitation Homes (INVH). Rexford Industrial Realty currently holds a "Hold" consensus with a $44.00 average price target, despite a recent Buy rating from Wells Fargo. Invitation Homes has a "Moderate Buy" consensus and a $32.24 average price target, but one analyst recently reiterated a "Hold" rating while another downgraded it.
PGGM Investments Sells 568,140 Shares of Rexford Industrial Realty, Inc. $REXR
PGGM Investments reduced its stake in Rexford Industrial Realty (NYSE: REXR) by 24.1%, selling 568,140 shares, now owning 1,785,723 shares valued at $73.41 million. The article also highlights insider selling by CEO Michael S. Frankel and notes that Rexford Industrial Realty has a market capitalization of $9.55 billion with an average "Hold" rating from analysts and a consensus price target of $43.08. The company recently slightly beat quarterly EPS estimates.
Rexford Industrial Realty, Inc. (NYSE:REXR) Receives Average Rating of "Hold" from Analysts
Fourteen brokerages have issued a consensus "Hold" rating for Rexford Industrial Realty (NYSE:REXR), with an average 12-month price target of $43.00. The company reported EPS of $0.60 last quarter, exceeding estimates, and declared a quarterly dividend of $0.43 (4.3% yield). Recent insider activity shows CEO Michael S. Frankel and other insiders selling shares.
BofA Securities Maintains Rexford Industrial Realty Inc(REXR.US) With Hold Rating, Maintains Target Price $45
BofA Securities analyst Jeffrey Spector has reiterated a "Hold" rating for Rexford Industrial Realty Inc (REXR.US), maintaining a target price of $45. According to TipRanks, the analyst has a 55.5% success rate and an average return of 4.1% over the past year. This information is intended for informational purposes only and not as investment advice.
Land & Buildings Just Ditched Rexford—Should REIT Investors Care?
Land & Buildings Investment Management recently sold its entire stake in Rexford Industrial Realty, totaling almost $20 million. This significant move reduced Rexford's representation in the fund's portfolio from 3.98% to 0%. While the sale reflects a reassessment of relative value amidst higher interest rates and slower transaction activity in the REIT sector, Rexford's focus on high-demand Southern California infill markets presents a strong long-term outlook.
Rexford Parts Ways with CIO Patrick Schlehuber
Rexford Industrial Realty Inc. and its Chief Investment Officer, Patrick Schlehuber, have parted ways after 16.5 years. Schlehuber played a crucial role in the company's growth, helping it go public in 2013 and directing over $14.5 billion in transactions. A successor for the CIO position has not yet been announced.
Rexford Industrial Realty Reports Strong Q3 2025 Results - The Globe and Mail
Rexford Industrial Realty announced strong Q3 2025 results, with its performance driven by solid financials and earnings call outcomes. While the company is financially stable, its high P/E ratio and declining market rents indicate potential challenges according to Spark, TipRanks' AI financial analyst. Rexford Industrial Realty (REXR) focuses on industrial properties in Southern California and has a current market cap of $9.59 billion.
Rexford Industrial: Q3 Earnings Snapshot - Stamford Advocate
This article provides a brief overview of Rexford Industrial's Q3 earnings. While the full content is not provided, the title suggests it covers key financial highlights for the quarter.
Rexford Industrial Realty (REXR) Affirms Shareholder Commitment with Stable $0.43 Quarterly Dividend - FinancialContent
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Rexford Industrial Realty (REXR) Q3 2025 Earnings: EPS of $0.37 Beats Estimate, Revenue Hits $253.2 Million
Rexford Industrial Realty Inc. (REXR) reported strong financial performance for Q3 2025, with EPS of $0.37 and total revenue of $253.2 million, both exceeding analyst estimates. The company achieved a 9.0% increase in Core FFO, alongside strategic leasing activity and a share repurchase program, underscoring its commitment to shareholder value and disciplined capital allocation. Its robust balance sheet, featuring $1.6 billion in liquidity, positions it well for future growth in Southern California's industrial real estate market.
Rexford Industrial shares fall 2% despite better-than-expected Q3 results - Investing.com UK
Rexford Industrial Realty, Inc. (NYSE:REXR) reported better-than-expected Q3 earnings and revenue, with an EPS of $0.37 and revenue of $253.24 million, yet its shares fell 2%. The company also raised its 2025 Core FFO guidance and announced a new $500 million stock repurchase program. Despite strong operational metrics like increased rental rates and Same Property Portfolio NOI growth, the stock experienced a slight decline.
Truist Securities raises Rexford Industrial Realty stock price target to $44 By Investing.com - Investing.com South Africa
Truist Securities has increased its stock price target for Rexford Industrial Realty to $44. This adjustment reflects an updated outlook on the company's valuation by the financial firm. The article, however, did not provide further details or reasoning for this analyst rating change.
LA500 2025: Michael Frankel
Michael Frankel, co-chief executive of Rexford Industrial Realty Inc., is featured in the LA500 2025 list. He has been on the company's board since 2013 and also serves as CFO of Rexford Industrial Realty & Management Inc. and managing partner of Rexford Industrial LLC and Rexford Sponsor LLC. Rexford Industrial Realty focuses on infill Southern California industrial real estate, managing approximately 425 properties totaling about 50.8 million rentable square feet.
LA500 2025: Howard Schwimmer
Howard Schwimmer, Co-Chief Executive of Rexford Industrial Realty Inc., has been recognized in the LA500 for the sixth time. He has served in his current role since 2013 and previously co-founded and was senior managing partner of the predecessor business. Schwimmer's career has focused entirely on Southern California infill industrial real estate, including its acquisition, improvement, management, sales, leasing, and disposition.
News | Rexford aids US industrial rebound with one of 2024's priciest Los Angeles deals
Rexford Industrial Realty acquired a 300,000-square-foot warehouse in Los Angeles for $137.2 million, marking one of the region's most expensive industrial deals in 2024. This acquisition, coupled with increased import activity at Southern California ports and a rebound in U.S. consumer spending, signals a potential rebound in the industrial market despite recent softening. REITs like Rexford and EQT Exeter are increasingly driving industrial transactions, taking advantage of lower borrowing and purchase costs.
Russell Reynolds Associates Recruits CFO for Rexford Industrial Realty
Russell Reynolds Associates has placed Michael Fitzmaurice as the new CFO of Rexford Industrial Realty, Inc. Mr. Fitzmaurice brings 25 years of experience in the public REIT sector, previously serving as EVP and CFO of RPT Realty. This placement highlights the ongoing demand for experienced finance executives, particularly CFOs, in a dynamic economic environment.
Rexford Industrial Welcomes Michael Fitzmaurice as New CFO and Promotes Laura Clark to COO
Rexford Industrial Realty, Inc. announced the appointment of Michael Fitzmaurice as its new Chief Financial Officer, effective October 21, 2024. Laura Clark, the current CFO, has been promoted to Chief Operating Officer. These changes are aimed at leveraging Michael's extensive REIT experience and Laura's strong contributions to drive the company's growth and operational value creation.
Rexford Industrial Announces Lease-Up of 275,000-Square-Foot, Value-Add-Repositioned Project
Rexford Industrial Realty, Inc. has successfully leased its 274,885 square-foot value-add-repositioned project at 500 Dupont Avenue in Ontario, California, to a third-party logistics provider. The project, which underwent significant modernization, is expected to stabilize at an unlevered yield of 5.5% with the lease commencing in October 2024. This achievement highlights Rexford Industrial's strong execution and strategic focus on value creation within the infill Southern California market.
LA500 2024: Howard Schwimmer
Howard Schwimmer, Co-Chief Executive of Rexford Industrial Realty Inc., is featured in the LA500 2024 list. Under his leadership, Rexford Industrial saw substantial revenue growth and a significant acquisition of BlackStone Real Estate assets, expanding its industrial property portfolio in Los Angeles and Orange counties. Schwimmer also holds notable positions in real estate leadership and community organizations.
Latham Represents Rexford Industrial Realty in Exchangeable Senior Notes Offering
Latham & Watkins LLP represented Rexford Industrial Realty, Inc. in a US$1.15 billion exchangeable senior notes offering and a concurrent US$840 million forward equity offering. The notes offering involved 4.375% notes due 2027 and 4.125% notes due 2029, sold privately to qualified institutional buyers. The forward equity offering involved the sale of common stock to an existing long-only investor.
Rexford Industrial Acquires Blackstone Industrial Assets in Combined $1 Billion Investment
Rexford Industrial Realty, Inc. has acquired approximately 3 million square feet of industrial properties from Blackstone for a combined $1.0 billion. The portfolio comprises 48 properties, is 98% leased, and is expected to generate a weighted average initial unlevered cash yield of 4.7%. This strategic investment expands Rexford Industrial's presence in infill Southern California and was funded by recent exchangeable senior note offerings and cash on hand.
Rexford CIO Patrick Schlehuber: L.A. industrial market "needs more space"
Patrick Schlehuber, CIO of Rexford Industrial, discusses the company's acquisition strategy and its focus on growth and tenant needs within the Los Angeles industrial market. He emphasizes that the L.A. industrial market currently requires more space. The article also touches on how Rexford evaluates opportunities.
Rexford Industrial Strengthens Board Oversight of ESG
Rexford Industrial Realty, Inc. has significantly enhanced its board oversight of ESG factors, integrating environmental, social, and governance considerations into every company decision. This includes forming an ESG committee with direct involvement from co-CEOs and the CFO, establishing a board skills matrix for diverse director candidates, and engaging stakeholders through tenant sustainability guides and investor communications. The company has also expanded its ESG reporting to align with frameworks like GRI, SASB, UN SDGs, and TCFD, and issued its first green bond for $400 million, demonstrating a robust commitment to sustainability and transparent disclosure.
LA500 2022: Richard Ziman
Richard Ziman, co-founder and chairman of Rexford Industrial Realty Inc., is featured in the LA500 2022 list. He is also known for founding Arden Realty Inc., which merged with General Electric for $5 billion, and for his philanthropic efforts as chief executive and co-trustee of The Rosalinde and Arthur Gilbert Foundation. Ziman has been on the LA500 list for seven years, recognizing his significant contributions to real estate and the community.
LA500 2022: Michael Frankel
Michael Frankel, co-chief executive of Rexford Industrial Realty Inc., is featured in the LA500 2022 list for his significant contributions to the company's growth. Under his leadership, Rexford Industrial Realty Inc. acquired 53 properties for $1.9 billion and sold five for $59.3 million in 2021. Frankel has been a co-CEO and on the board since 2013, having previously served as CFO and managing partner for related entities.
Hotel Fullerton to be demolished to make way for industrial building
Rexford Industrial has purchased the Hotel Fullerton and plans to demolish it to construct a 140,000-square-foot Class A industrial building. This development signifies a shift from hospitality to industrial use for the site.
Rexford Industrial Pays $164M for Southern California Assets
Rexford Industrial Realty Inc. has significantly expanded its Southern California industrial portfolio by acquiring four properties totaling over 412,730 square feet for $163.8 million. These off-market investments align with Rexford's strategy to acquire value-add properties in the high-demand, low-supply Southern California market, bringing its year-to-date acquisitions to $774 million across 39 million square feet. The acquisition includes a record-setting $90.2 million Class A industrial building in Los Angeles and properties in Fullerton, Compton, and Ontario slated for redevelopment or lease optimization.
Rexford Pays $153M for 6 Industrial Properties
Brentwood-based Rexford Industrial Realty Inc. has acquired six industrial properties in Los Angeles for a combined $152.7 million in April and May. These acquisitions include properties in the San Fernando Valley, Santa Fe Springs, Ontario, and Fontana. The company plans to reposition these assets for higher returns, including new construction and re-leading at market rates.
Rexford Leases Simi Valley Warehouse in $13.9 Million Deal
Snyder-Diamond Corp., a distributor of kitchen appliances and bathroom fixtures, has signed a $13.9 million lease for a 76,000-square-foot warehouse in Simi Valley. The property is owned by Rexford Industrial Realty Inc. and the 10-year lease was brokered by Lee & Associates LA North/Ventura and Peak Commercial.
Gaytan Foods sells 64,000-square-foot facility in San Gabriel Valley
Gaytan Foods has sold its 64,000-square-foot facility in the City of Industry, which was acquired by Rexford Industrial. Gaytan Foods will maintain a long-term lease at the facility with an option to extend. This transaction contributes to Rexford Industrial's significant acquisitions for 2021.
Rexford Industrial buys largest-ever industrial property sold in Simi Valley
Rexford Industrial has acquired the Topaz Business Park in Simi Valley for $46 million, marking the largest-ever industrial property sale in the area. The property was previously bought by its namesake tenant, Topaz Distribution, in 2010 for $14 million and underwent renovations in 2015. This acquisition expands Rexford's industrial portfolio in the region.
Rexford buys into gap left by Mitsuwa’s move to South Bay mall
Rexford Industrial purchased the former Torrance location of Japanese grocer Mitsuwa Marketplace for $18.95 million. The 56,199-square-foot property, located at 21515 Western Avenue, was acquired from Property Resources. Rexford's plans for the site, described as a "4 acre development site," remain undisclosed, while Mitsuwa has relocated its Torrance store to the Del Amo Fashion Center.
Rexford Buys $285 Million in Industrial Real Estate
Rexford Industrial Realty Inc. has acquired a total of $286 million in industrial properties since last month, using 1031 exchange proceeds, cash on hand, and equity offerings. The company also disposed of one asset for $18.6 million. These strategic acquisitions, including a major 80.2-acre site in Rancho Dominguez for $217 million, are part of Rexford's focus on value-add opportunities in Southern California's industrial market.
Prologis Inc. stock outperforms market despite losses on the day
Prologis Inc. stock (PLD) fell by 0.81% on Monday, closing at $129.06, contributing to its third consecutive day of losses, despite the broader market experiencing a rough trading session. The S&P 500 Index and Dow Jones Industrial Average both saw larger declines. Prologis Inc. also underperformed against some competitors like Digital Realty Trust Inc. and Rexford Industrial Realty Inc., which both saw gains.
Quixote Studios more than doubles studio footprint in Pacoima
Quixote Studios is significantly expanding its studio footprint in Pacoima by signing a new lease with Rexford Industrial. This expansion more than doubles their existing space, as the company had previously invested $30 million in a 95,000-square-foot facility across the street. The new facility is set to be ready for occupancy in the third quarter.
Rexford doubles 2021 acquisitions with 5 more industrial properties
Rexford Industrial adds 5 more industrial properties to its portfolio, signaling a busy 2021 following a high-acquisition year in 2020. This move continues Rexford's strategy of expanding its industrial real estate holdings.
Rexford Industrial Riding High After More Than $1.1 Billion in Deals During 2020
Rexford Industrial Realty Inc. completed over $1.1 billion in acquisitions in 2020, focusing on off-market deals, sale leasebacks, and UPREITs in Southern California's industrial property market. The company's success is attributed to a surge in demand for industrial space, particularly in infill markets and the Inland Empire-West, despite the challenges posed by the Covid-19 pandemic. Rexford anticipates continued growth and an increase in sale leaseback transactions in 2021.
Rexford Names Laura Clark CFO
Rexford Industrial Realty, Inc. has appointed Laura Clark as its new Chief Financial Officer, effective September 1, 2020, succeeding Adeel Khan. Clark brings extensive financial and operational REIT experience from her previous roles at Regency Centers and other financial institutions. Michael Frankel of Rexford highlighted Clark's expertise in positioning the company for long-term growth.
RICHARD ZIMAN
Richard Ziman, co-founder and chairman of Rexford Industrial Realty Inc., is highlighted for his significant role in the Southern California industrial real estate market. His company acquired $493 million in assets in 2018, adding to his over 40 years of experience in the sector, including co-founding Arden Realty Inc. Ziman is also noted for establishing the UCLA Ziman Center for Real Estate.
Richard Ziman
Richard Ziman is the co-founder and chairman of Rexford Industrial Realty and former chairman and CEO of Arden Realty Inc. He has a significant philanthropic presence, including serving as chairman of the board of City of Hope National Medical Center and founding the UCLA Ziman Center for Real Estate. Ziman is also involved with the Hebrew University of Jerusalem and the Rosalinde and Arthur Gilbert Foundation.
Industrial Property in Low-Vacancy LA Submarket Sells for $17M
Rexford Industrial Realty has acquired a 115,600-square-foot industrial property in Cerritos, California, within the low-vacancy Los Angeles Mid-Counties submarket for $17.2 million. The company plans to make upgrades to the fully leased property, which is located at 16010 Shoemaker Avenue, upon lease renewal or re-tenanting. This acquisition expands Rexford Industrial's presence in the critical Southern California infill markets, leveraging their ability to find off-market opportunities.
LA 500: Richard Ziman
Richard Ziman, Chairman of Rexford Industrial, is featured in the LA 500, highlighting his 40-plus years in industrial real estate. His career includes founding Arden Realty Inc., which was sold to General Electric Co. for $4.8 billion, and co-founding AVP Advisors and AVP Capital. Ziman shares personal insights on his career, family, and life advice.
Rexford Industrial Acquires Rancho Pacifica Industrial Park for $210 Million
Rexford Industrial Realty Inc. has acquired the six-building Rancho Pacifica Industrial Park in Rancho Dominguez for $210.5 million, or $180 per square foot, from CBRE Global Investors Ltd. The acquisition, totaling about 1.2 million square feet, was financed through Rexford's line of credit and the issuance of a $125 million note. This purchase provides Rexford with a critical mass of Class A industrial buildings in the desirable South Bay submarket.
The biggest property in Rexford’s $191M industrial portfolio is in LA
Rexford Industrial Realty purchased a nine-property industrial portfolio from CT Realty Investors for $191 million. The largest asset in the deal is a 325,800-square-foot warehouse located at 16425 East Gale Avenue in the City of Industry, LA. The acquired portfolio is fully occupied by 12 tenants, expanding Rexford's holdings to over 140 properties.
