Rexford Industrial Realty (REXR) Tops Q3 EPS by 1c
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Rexford Industrial Announces Third Quarter 2016 Financial Results
November 2, 2016 4:05 PM EDTLOS ANGELES, Nov. 2, 2016 /PRNewswire/ --Â Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") that specializes in acquiring, owning and operating industrial properties located in Southern California infill markets, today announced financial results for the third quarter 2016.
Third Quarter 2016 Financial and Operational Highlights:
Net Income attributable to common stockholders of $0.03 per diluted share for the quarter ended September 30, 2016. Core Funds From Operations (FFO) of $0.22 per diluted share for the quarter ended September 30, 2016. Adjusting for non-core expenses, FFO was... MoreRexford Industrial Acquires Industrial Property For $7.2 Million
October 31, 2016 6:45 AM EDTLOS ANGELES, Oct. 31, 2016 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced the acquisition of an industrial building for approximately $7.2 million. The acquisition was funded using cash on hand.Â
"This acquisition represents another example of our unique ability to invest in high-quality assets through off-market transactions in Rexford's supply constrained, Southern California infill submarkets. Rexford was able to capitalize upon circumstances with an owner-user who required a... More
