Earnings PerformanceThe company reported Core FFO numbers of $0.62, a 6.9% increase year-over-year, which was higher than consensus estimates.
Financial StabilityRexford has a low debt-to-total market capitalization ratio at approximately 27.5%, indicating strong financial stability.
Strategic AcquisitionsThe company completed strategic acquisitions, including a cross-dock industrial building and a Class-A building, both generating significant initial unlevered cash yields.