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Rexford to Sell $1.2B SoCal Portfolio to EQT

Rexford Industrial Realty is significantly slimming down its portfolio in Southern California. The Los Angeles-based industrial real estate investment trust (REIT) announced it has agreed to sell a po

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Summary

Rexford Industrial Realty is significantly slimming down its portfolio in Southern California.

The Los Angeles-based industrial real estate investment trust (REIT) announced it has agreed to sell a portfolio of properties to an affiliate of EQT Real Estate for approximately $1.

2 billion. The deal is expected to close by the end of the third quarter. […]

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