Rexford Industrial Announces Operating Activity Update [Yahoo! Finance]
Rexford Industrial Realty, Inc. (REXR)
Last rexford industrial realty, inc. earnings: 2/11 04:15 pm
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ir.rexfordindustrial.com
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Source: Yahoo! Finance
investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California , today announced an operating activity update in advance of upcoming investor meetings. In the fourth quarter of 2024 to date, Rexford Industrial executed approximately 657,000 square feet of new and renewal leases, with an average size of 16,000 square feet, including approximately 422,000 square feet of renewal leases and 235,000 square feet of new leases. Comparable rental rates on new and renewal leases increased by 80% compared to prior rents on a net effective basis and by 60% on a cash basis. Average annual rent steps were 3.9% for leases executed quarter to date. As of October 31, 2024, year-to-date Same Property Portfolio average occupancy was 96.8% and ending occupancy was 95.9%, in line with the Company's third quarter 2024 guidance outlook. About Rexford Industrial Rexford Industrial creates value by investing in, operating and
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News
- 3 Top Dividend Stocks Yielding More Than 3% to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- Rexford Industrial Leases 657k Square Feet, Rental Rates Rise [Yahoo! Finance]Yahoo! Finance
- Rexford Industrial Announces Operating Activity UpdatePR Newswire
- AccessHope Expands Executive Leadership Team Amid Rapid Growth and Upcoming Market ExpansionPR Newswire
- Rexford Industrial Realty, Inc. (NYSE: REXR) had its price target lowered by analysts at Truist Financial Co. from $54.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
REXR
Earnings
- 10/16/24 - Miss
REXR
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 3
- 11/19/24 - Form 4
- REXR's page on the SEC website