Blaine Heck

John Kim

Vikram Malhotra

Brendan Lynch

Craig Mailman

Samir Khanal

Greg McGinniss

Michael Griffin

Omotayo Okusanya

Michael Muller

Nick Thillman

Michael Mueller

Nicholas Thillman

Andrew Berger

Anthony Hau

Craig Melman

Greg McGuinness

Jeffrey Spector

John Peterson

Mike Mueller

Nicholas Yulico

Nick Gilman

Rich Anderson

Richard Anderson

Steve Sakwa

- Rexford Industrial Realty, Inc. reported **Q3 2025 core FFO of $0.60 per share** and raised its **full-year 2025 core FFO per share midpoint guidance to $2.40**, alongside an increase in same property cash NOI midpoint to **4%**.  **[0001571283_2188280_3]** 
- The company executed **3.3 million square feet of leasing** in Q3 2025, nearly doubling the prior quarter, which contributed to a **96.8% same property ending occupancy** and leasing spreads of **26% net effective** and **10% cash basis**.  **[0001571283_2188280_1]** 
- Rexford disposed of **three properties totaling $54 million** in Q3 2025, bringing year-to-date dispositions to **$188 million**, and executed **$150 million in share repurchases** during the quarter, with a **new $500 million share repurchase program** authorized.  **[0001571283_2188280_2]** **[0001571283_2188280_3]**

Rexford Industrial Realty, Inc. Reports Q3 2025 Results, Raises Full-Year FFO Guidance

- REXR reported **Q3 2025 Core FFO per share of $0.60**, a **1.7% increase** compared to the prior year period, and **Year-to-Date 2025 Core FFO per share of $1.82**, representing a **2.8% growth**.  **[0001571283_2185976:6]** **[0001571283_2185976:15]** 
- The company executed **3.3 million square feet of total leasing in Q3 2025** with **26.1% net effective** and **10.3% cash leasing spreads**, achieving an **ending same property occupancy of 96.8%**.  **[0001571283_2185976:6]** **[0001571283_2185976:7]** 
- REXR increased its **2025 Core FFO per diluted share guidance to $2.39 to $2.41** (from $2.37 to $2.41) and its **Same Property Portfolio Cash NOI Growth guidance to 3.75% to 4.25%** (from 2.25% to 2.75%).  **[0001571283_2185976:6]** **[0001571283_2185976:9]** 
- The company recycled **$150 million into accretive share repurchases** from **$188 million in dispositions year-to-date**, and maintains **$1.6 billion of liquidity**.  **[0001571283_2185976:6]** **[0001571283_2185976:8]**

REXR Reports Strong Q3 2025 Results and Raises 2025 Guidance

- Rexford Industrial reported **Q3 2025 core FFO of $0.60 per share** and raised its **full-year 2025 core FFO per share midpoint to $2.40**, along with increasing the **same property cash NOI midpoint to 4%**.  **[0001571283_2188297_3]** 
- The company executed **3,300,000 square feet of leasing** in Q3 2025, nearly double the prior quarter, driving same property ending occupancy to **96.8%**.  **[0001571283_2188297_1]** 
- Rexford Industrial completed **$54,000,000 in dispositions** during Q3 2025, bringing year-to-date dispositions to **$188,000,000**, and executed **$150,000,000 of share repurchases** in the quarter, with a new **$500,000,000** program authorized.  **[0001571283_2188297_2]** **[0001571283_2188297_3]** 
- Leasing spreads for comparable leases were **26.10% on a net effective basis** and **negative 1% on a cash basis** for Q3 2025, with bad debt levels at **30 basis points** year to date.  **[0001571283_2188297_1]** **[0001571283_2188297_6]**

Rexford Industrial Reports Strong Q3 2025 Results and Raises Full-Year Guidance

- Rexford Industrial Realty, Inc. reported **net income attributable to common stockholders of $87.1 million**, or **$0.37 per diluted share**, for the third quarter of 2025.  **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:0]** **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:1]** 
- The company's share of Core FFO increased by **9.0%** to **$141.7 million**, resulting in **$0.60 per diluted share** for Q3 2025.  **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:0]** **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:1]** 
- Rexford Industrial **increased its 2025 Core FFO per diluted share guidance** to a range of **$2.39-$2.41**, up $0.01 at the midpoint.  **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:0]** **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:3]** **[1571283_0001571283-25-000051_rexrex992q3-2025.htm:5]** 
- The company repurchased **3,883,845 shares** of common stock for a total of **$150.0 million** at a weighted average price of **$38.62 per share**.  **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:0]** 
- Same Property Portfolio NOI increased **1.9%** and Same Property Portfolio Cash NOI increased **5.5%** compared to the prior year quarter, with ending occupancy at **96.8%**.  **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:0]** **[1571283_0001571283-25-000051_rexrex991q3-2025.htm:1]**

Rexford Industrial Realty, Inc. Announces Third Quarter 2025 Financial Results

- Rexford Industrial Realty reported **net income attributable to common stockholders** of **$87.1 million**, or **$0.37 per diluted share**, for Q3 2025, and **Company share of Core FFO per diluted share** of **$0.60**, a **1.7% increase** compared to the prior year quarter.  **[1571283_20251015LA98499:0]** 
- The company executed **3.3 million square feet** of new and renewal leases, with comparable rental rates increasing by **26.1%** on a net effective basis and **10.3%** on a cash basis.  **[1571283_20251015LA98499:0]** 
- Rexford Industrial repurchased **3,883,845 shares** of common stock for a total of **$150.0 million** at a weighted average price of **$38.62 per share**.  **[1571283_20251015LA98499:0]** 
- The company increased its **2025 Core FFO per diluted share guidance** to a range of **$2.39-$2.41**, up $0.01 at the midpoint.  **[1571283_20251015LA98499:0]**

Rexford Industrial Realty Announces Strong Third Quarter 2025 Results and Increased Guidance

- Rexford Industrial Realty leased **1.9 million square feet** in July and August 2025, contributing to **6.0 million square feet** leased year to date, and increased its Same Property Portfolio occupancy by **50 basis points** to **96.6%** as of August 31, 2025.  **[1571283_20250902LA63838:0]** 
- The company repurchased **$100 million** of common stock quarter to date and authorized a **new $500 million share repurchase program** on August 29, 2025, replacing the previous program.  **[1571283_20250902LA63838:0]** **[1571283_20250902LA63838:2]** 
- In the third quarter to date, Rexford Industrial sold **two properties** totaling **76,000 square feet** for **$32.0 million**, generating a weighted average unlevered IRR of **12.4%**.  **[1571283_20250902LA63838:1]**

Rexford Industrial Realty Provides Q3 2025 Operating, Disposition, and Capital Markets Update

- **Elliott Investment Management** has acquired a **significant activist stake** in Rexford Industrial Realty, making it one of the top five shareholders.  **[1571283_963139dd101a427582bf5a092a336127]** 
- This acquisition follows another recent activist stake, indicating **growing activist investor interest** in the company.  **[1571283_963139dd101a427582bf5a092a336127]** 
- Rexford reported strong **second-quarter earnings**, including **$113 million in net income** and a **21% increase in comparable rental rates**, with a **96% leased portfolio**.  **[1571283_963139dd101a427582bf5a092a336127]** 
- Following the news, Rexford's stock rose approximately **5%**, with speculation that Elliott may advocate for **stock buybacks** to maximize shareholder value.  **[1571283_963139dd101a427582bf5a092a336127]**

Rexford Industrial Realty: Elliott Takes Large Stake

Rexford Industrial Realty (REXR)