Rexford Industrial Announces Promotion of John Nahas to Chief Operating Officer

Core Viewpoint - Rexford Industrial Realty, Inc. has announced the promotion of John Nahas to Chief Operating Officer, effective April 1, 2026, as part of a strategic realignment of its executive team [1] Group 1: Executive Changes - John Nahas, previously Managing Director of Operations, will oversee operations and investment functions including asset management, development, construction, leasing, and property management as COO [1] - Laura Clark, the current COO, will transition to the role of Chief Executive Officer [1] Group 2: Financial Guidance and Compensation - The company reaffirms its 2026 general and administrative expense guidance of approximately $60 million [1] - Rexford Industrial has significantly reduced total aggregate executive compensation by approximately 50% compared to prior levels [1] Group 3: John Nahas' Background - John Nahas has over 22 years of experience in real estate operations and investments, having joined Rexford Industrial in January 2023 [1] - Prior to Rexford, Nahas served as President of CenterCal Properties and held various roles at Regency Centers, a publicly traded retail REIT [1] Group 4: Company Overview - Rexford Industrial focuses on investing in and operating industrial properties in Southern California, which is noted as the world's fourth largest industrial market [1] - As of December 31, 2025, the company’s portfolio includes 419 properties with approximately 51.2 million rentable square feet [1]