Realized & Future Value Creation From Repositioning & Redevelopment1 Cumulative Projected Net Value Creation by 2026 Repositioning & Redevelopment In-Process & Pipeline (expected to start within 18 months) Investor Presentation July 2024 www.rexfordindustrial.com Rexford Industrial Realty NYSE: REXR Forward Looking Statements 12822 MONARCH STREET, GARDEN GROVE 2 This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution inve ...

The reported revenue represents a surprise of +6.00% over the Zacks Consensus Estimate of $224.12 million. With the consensus EPS estimate being $0.58, the EPS surprise was +3.45%. Rexford Industrial (REXR) reported $237.57 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 21.4%. EPS of $0.60 for the same period compares to $0.26 a year ago. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Rexford Industrial (REXR) came out with quarterly funds from operations (FFO) of $0.60 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to FFO of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 3.45%. A quarter ago, it was expected that this industrial real estate investment trust would post FFO of $0.57 per share when it actually produced FFO of $0.58, delivering a surprise of 1.75%. Over th ...

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 ...