Rexford Industrial Realty sold $1.3 billion of properties in the third quarter as the Southern California warehouse landlord moved to reduce debt and concentrate its holdings. The sales accompanied a steep decline in reported profit, although leasing activity improved...
Rexford Industrial Realty Inc. (NYSE: REXR), a real estate investment trust focused on industrial properties in Southern California, has acquired approximately 3 million square feet of industrial properties from Blackstone (NYSE: BX) for $1 billion. The combined...