Rexford Industrial Realty (REXR) Tops Q1 EPS by 4c, Beat on Revenues

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Go back to Rexford Industrial Realty (REXR) Tops Q1 EPS by 4c, Beat on Revenues

Rexford Industrial Realty (REXR) Buys Industrial Property for $26.5M, Divests Separate Property for $6.9M

May 1, 2017 6:46 AM EDT

Rexford Industrial Realty, Inc. (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 property for approximately $16.5 million. Additionally, the Company announced the disposition of an industrial property for approximately $6.9 million. Proceeds from the disposition and borrowings under the Company's line of credit were used to fund the... More