Rexford Industrial Realty (REXR) Announces 11.5M Share Offering

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Rexford Industrial Announces Public Offering of 11,500,000 Shares of Common Stock

November 10, 2022 4:00 PM EST

LOS ANGELES, Nov. 10, 2022 /PRNewswire/ -- Rexford Industrial Realty, Inc. (NYSE: REXR) ("Rexford" or the "Company"), a real estate investment trust focused on creating value by investing in and operating industrial properties within Southern California infill markets, today announced that it has commenced an underwritten public offering of 11,500,000 shares of its common stock, which will be offered, at the request of the Company, by the forward purchasers (as defined below) or their affiliates in connection with the forward sale agreements described below.

Goldman Sachs & Co. LLC, BofA Securities,... More