Rexford Industrial Realty Inc is a real estate investment trust (REIT) that focuses on acquiring, owning, and operating industrial properties in Southern California. The company was founded in 2001 by Howard Schwimmer and Michael Frankel, who brought their extensive experience in the real estate industry to establish a specialized industrial REIT.
Rexford's primary business objective is to acquire and manage a diversified portfolio of industrial properties that cater to a range of tenants, including distribution, logistics, manufacturing, and e-commerce companies. The company strategically targets properties located in high-demand areas with strong population centers and robust economic activity.
Rexford focuses on a disciplined approach to property acquisitions and prides itself on active asset management. The company aims to enhance the value of its properties through strategic improvements and proactive tenant relationships. Rexford's emphasis on maintaining high-quality assets has contributed to its reputation as a reliable and trustworthy landlord in the industrial real estate market.
The company's management team has a deep understanding of the Southern California industrial real estate market, which enables them to identify attractive investment opportunities and execute successful property management strategies. Rexford's knowledge of local market dynamics has been instrumental in its ability to deliver strong financial performance and create value for its shareholders.
In recent years, Rexford Industrial Realty has experienced significant growth and expanded its real estate portfolio. The company has been actively acquiring industrial properties in Southern California's key submarkets to capitalize on the region's strong demand for industrial space driven by e-commerce and logistics companies. This growth trajectory positions Rexford as a key player in the Southern California industrial real estate market.