Blaine Heck

Craig Mailman

John Kim

Vikram Malhotra

Brendan Lynch

Greg McGinniss

Samir Khanal

Michael Griffin

Omotayo Okusanya

Michael Muller

Nick Thillman

Michael Mueller

Nicholas Thillman

Andrew Berger

Anthony Hau

Jeffrey Spector

Nicholas Yulico

Richard Anderson

Steve Sakwa

- 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)