Rexford Industrial Realty, Inc. (REXR) reported the sale of five properties for a total of $127.4 million as of March 31, 2026. Notable transactions include the sale of a 100,157-square-foot industrial building in Valencia for $31 million and a 4.2-acre vacant site in Fontana for $14.5 million. Additionally, the company has around $170 million in property dispositions under contract or with accepted offers, though closing is not guaranteed.
In share repurchase activity, Rexford has bought back 5,534,357 shares for $200 million at an average price of $36.14 per share, with $300 million remaining in its $500 million repurchase program. However, the company’s shares have decreased by 15.6% in the past month, contrasting with industry growth of 1.6%.
