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Rexford Sees Record Leasing, Lower NOI in First Quarter Under New Leadership

Rexford Industrial Realty embarked on a new era for the company when it entered 2026, as it pivoted sharply from aggressive acquisitions to recycling capital and preserving occupancy. The Los Angeles-

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Summary

Rexford Industrial Realty embarked on a new era for the company when it entered 2026, as it pivoted sharply from aggressive acquisitions to recycling capital and preserving occupancy.

The Los Angeles-based industrial real estate investment trust reported net income of $87.

9 million in the first quarter of 2026, up from $68.3 million a year earlier. […]

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