Exhibit 99.2 Table of Contents. | Section | Page | | --- | --- | | Corporate Data: | | | Investor Company Summary | 3 | | Company Overview | 4 | | Highlights - Consolidated Financial Results | 5 | | Financial and Portfolio Highlights and Capitalization Data | 6 | | Guidance | 7 | | Consolidated Financial Results: | | | Consolidated Balance Sheets | 9 | | Consolidated Statements of Operations | 10 | | Non-GAAP FFO, Core FFO and AFFO Reconciliations | 12 | | Statement of Operations Reconciliations | 15 | | Sa ...

LOS ANGELES, July 17, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced financial and operating results for the second quarter of 2024. Second Quarter 2024 Financial and Operational Highlights: Net income attributable to common stockholders of $79.8 million, or $0.37 per diluted sh ...

Real estate investment trusts (REITs) can be a great way for investors to earn a steady income. It's important to diversify your portfolio. With the current market developments, it's essential to know which REITs to buy now. I have chosen three stocks for their growth potential, reliable dividends and solid fundamentals. Focusing on REITs with these attributes can help your portfolio with stable dividends. Sun Communities (SUI) SUI's full-year core funds from operations (FFO) per share guidance for 2024 was ...

To participate in the live telephone conference call, please access the following dial-in numbers at least five minutes prior to the start time using Conference ID 9448082. A webcast and replay of the conference call will also be available in a listen-only mode at ir.rexfordindustrial.com. Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest demand, l ...

Core Insights - Rexford Industrial Realty, Inc. is transitioning its current Chief Financial Officer, Laura Clark, to the newly established Chief Operating Officer role, following the recruitment of a new CFO [3][4] - The establishment of the COO position aims to enhance the company's operational efficiency and align its growth strategies to maximize shareholder value [4][8] - Rexford Industrial focuses on investing in and redeveloping industrial properties in Southern California, a market characterized by high demand and low supply [2][3] Company Overview - Rexford Industrial operates as a real estate investment trust (REIT) and is listed on the New York Stock Exchange under the ticker "REXR" [2] - The company manages a portfolio of 422 properties, totaling approximately 49.5 million rentable square feet, catering to a diverse tenant base [2] - Rexford Industrial is a member of the S&P MidCap 400 Index, indicating its significant market presence [2] Strategic Focus - The company aims to leverage its proprietary value creation and asset management capabilities to drive both internal and external growth [2] - The COO role will oversee critical operational segments, including asset management, investments, development, construction, leasing, property management, and marketing [8]

This article was co-produced with Wolf Report "How high is a premium justified for a great REIT?" Aside from the low yield, there aren't many negatives that you can point to with this company. There's also a contextual component to this equation, meaning that we expect more yield in times characterized by higher interest rates - such as the one we're currently in. Because rates have gone down, the savings rate we're able to get is now down to 3.75% risk-free. That means that a company like REXR, with a yiel ...

Late in 2023, I concluded that Rexford Industrial Realty, Inc. (NYSE:REXR) was focusing on growth rather than growth per share. The pure play on industrial buildings and land in Southern California employs a focused strategy, which has its potential up- and as well as downfalls. With the company focusing on absolute growth, rather than growth per share, I was leaning a bit cautious, as shares of the REIT did not look too attractively priced. Ever since, shares have been lagging further as anticipated intere ...

ESGimpact (ESGi) represents a holistic approach quantifying the positive environmental, societal and governance impacts enabled by Rexford Industrial's differentiated, value-driven business model LOS ANGELES, May 30, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today released its annual Enviro ...

Rexford Industrial Realty, Inc. (REXR) is experiencing decent demand for its properties. This industrial REIT recently announced that so far in the second quarter of 2024, it has executed 1.125 million square feet of new and renewal leases, with an average size of 16,000 square feet. This included around 675,000 square feet of renewal leases and 450,000 square feet of new leases. What is encouraging is that the comparable rental rates on new and renewal leases increased by 68% compared to prior rents on a n ...

LOS ANGELES, May 29, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced second quarterto-date operating and transaction activity updates in advance of upcoming investor meetings. "Rexford Industrial's quarter-to-date leasing activity demonstrates the health of our underlying tenant d ...