Rexford Sees Solid Demand, Leases 275,000 Square Feet in Ontario [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
Recently, this industrial real estate investment trust (REIT) announced a lease for 274,885 square feet of value-add-repositioned project at 500 Dupont Avenue in Ontario, CA. The property located in the Inland Empire – West submarket was leased to a third-party logistics provider. Reflecting the positive sentiments of investors, shares of REXR were up 1.4% during Tuesday's regular trading session. The project underwent overall building modernization, including the expansion of dock-high loading, the installation of upgraded ESFR fire sprinklers, the construction of new office spaces and the establishment of a new, secured container storage yard. The lease is set to begin in October 2024, with the project anticipated to stabilize at an unlevered stabilized yield of 5.5%. REXR's Leasing Update The leasing activity demonstrates strong tenant demand fundamentals within Rexford's target infill Southern California markets. In the second quarter of 2024, Rexford reported impressi
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REXR
News
- Retire Rich With These 3 REITs [Seeking Alpha]Seeking Alpha
- Rexford Industrial Realty, Inc. (NYSE: REXR) was downgraded by analysts at Scotiabank from a "sector outperform" rating to a "sector perform" rating. They now have a $48.00 price target on the stock, down previously from $55.00.MarketBeat
- Rexford Industrial Realty, Inc. (NYSE: REXR) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Rexford Industrial Announces New CFO Hire & Promotion of Laura Clark to COOPR Newswire
- Rexford Industrial Realty, Inc. (NYSE: REXR) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $49.00 price target on the stock, down previously from $66.00.MarketBeat
REXR
Earnings
- 10/16/24 - Miss
REXR
Sec Filings
- 10/24/24 - Form S-8
- 10/21/24 - Form 8-K
- 10/21/24 - Form 10-Q
- REXR's page on the SEC website