Rexford Industrial (REXR)
Real Estate · Industrial Real Estate (REITs)
Southern California industrial real estate REIT focused on owning and operating infill warehouses and logistics properties with intensive asset management.
What Rexford Industrial does
Rexford Industrial Realty is a self-administered and self-managed REIT that owns, operates, and acquires industrial properties primarily located in Southern California infill markets. As of December 31, 2025, the company's portfolio consisted of 419 properties with approximately 51.2 million rentable square feet. The company generates returns through rental income, property appreciation, and capital recycling strategies including value-add repositioning, selective acquisitions, and programmatic asset sales.
Themes: ["Industrial real estate / logistics","Southern California infill markets","Value-add asset management","Capital recycling / portfolio optimization","Multi-tenant conversion"]
Fundamentals
- Price$34.03 as of 2026-07-09 close
- Market cap$7.7B as of 2026-07-10
- 1-year return-7.4% as of 2026-07-09 close
- P/E33.11 as of 2026-07-10
- Net margin+23.3% as of 2026-07-10
- Gross margin+77.0% as of 2026-07-10
- ROE+2.7% as of 2026-07-10
- Debt / equity0.39 as of 2026-07-10
- Revenue growth (YoY)+2.2% as of 2026-07-10
- Revenue CAGR (3y)+16.7% SEC XBRL
- Beta1.23 as of 2026-07-10
Dividend: yield +5.1%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Tenant concentration risk and default risk from significant tenant exposure in single properties or portfolio segments","Interest rate and refinancing risk given substantial debt levels ($3.2 billion in notes payable) and exposure to rising borrowing costs","Real estate market cyclicality and occupancy fluctuations in Southern California affecting rental rates and property valuations"]
Competitors & peers
- EastGroup Properties (EGP)
- First Industrial Realty Trust (FR)
- STAG Industrial (STAG)
- Terreno Realty (TRNO)
- Monmouth Real Estate Investment Corporation (MNR)
- Americold Realty Trust (COLD)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.