REXR
Rexford Industrial Realty, Inc. · Real Estate
32.53
1.78%(-0.59)
Prev. Close35.51
9.16%(+2.98)
Pre-marketLast Updated: — ET
52W L: $29.6852W H: $44.38
$32.65
CHG-3.15 (-8.80%)
H$36.12
L$32.14
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REXR (1h)
Rexford Industrial Realty, Inc. · Real Estate
There was a time when the biggest worry in markets was commercial real estate (CRE), especially for companies that own offices and workplaces where most staff now work from home. You likely won't find CRE concerns leading the financial headlines anymore, but that's not necessarily because conditions have improved (there's a lot going on!
REXR reports $127.4M in Q1 property sales with $170M deals pending, and $200M in repurchases with $300M capacity left.
Public REITs, including Centerspace and Whitestone, trade at persistent NAV discounts, creating ripe conditions for M&A and activism in 2026. CSR trades at a 30% NAV discount and is pursuing strategic alternatives, with confidence in management to prioritize shareholder value through sale or liquidation. WSR, after governance reforms and operational improvements, faces activist pressure and is exploring a sale, trading at a 15% NAV discount with private buyer interest.
LOS ANGELES, April 1, 2026 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties throughout infill Southern California, today provided a disposition and share repurchase update. "As we enter Rexford's next chapter, we continue to execute on our capital recycling strategy to unlock meaningful value and drive per-share FFO and NAV growth," said Laura Clark, Chief Executive Officer.
Rexford Industrial Realty now trades at a 5.36% yield and a historically low valuation, reflecting rebased growth expectations. REXR's AFFO growth is forecast at just 1.66% annually through 2028, with recent results confirming anemic expansion and management guiding for a core FFO decline. Capital allocation is a concern, as REXR is funding share buybacks with asset sales, signaling limited reinvestment opportunities and potential business shrinkage.
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Frankel Michael S.
director, officer: Co-CEO, Co-President
23,132 SH @ $35.29
2026-03-17
CLARK LAURA E
officer: Chief Operating Officer
5,310 SH @ $37.73
2026-02-27
STOCKERT DAVID P
director
5,000 SH @ $37.39
2026-02-27
Fitzmaurice Michael
officer: Chief Financial Officer
2,650 SH @ $37.55
2026-02-27
Schwimmer Howard
director, officer: Co-CEO, Co-President
61,058 SH @ $0.00
2026-02-19
Frankel Michael S.
director, officer: Co-CEO, Co-President
61,058 SH @ $0.00
2026-02-19
Schwimmer Howard
director, officer: Co-CEO, Co-President
80,096 SH @ $0.00
2026-02-16
Frankel Michael S.
director, officer: Co-CEO, Co-President
80,096 SH @ $0.00
2026-02-16