Rexford Industrial Realty (REXR) Acquires North San Diego County-Located Industrial Property
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Rexford Industrial Acquires Industrial Property For $7.2 Million
October 31, 2016 6:45 AM EDTLOS ANGELES, Oct. 31, 2016 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced the acquisition of an industrial building for approximately $7.2 million. The acquisition was funded using cash on hand.Â
"This acquisition represents another example of our unique ability to invest in high-quality assets through off-market transactions in Rexford's supply constrained, Southern California infill submarkets. Rexford was able to capitalize upon circumstances with an owner-user who required a... More
