Brief
Rexford Plans Up to $2B in Sales After Posting $507M Loss in Q2
Rexford Industrial Realty is dramatically accelerating its shift from being the most aggressive industrial buyer in Southern California into perhaps the region’s biggest seller. The Los Angeles-based
Summary
Rexford Industrial Realty is dramatically accelerating its shift from being the most aggressive industrial buyer in Southern California into perhaps the region’s biggest seller.
The Los Angeles-based real estate investment trust (REIT) has identified about $2 billion of “noncore assets” for disposition as it continues to prioritize keeping tenants in Rexford buildings.
That property sales […]
Source
- Commercial Observercommercialobserver.com
