Rexford Industrial Provides Disposition and Share Repurchase Update

The real estate investment trust continues to execute on its capital recycling strategy.

Apr. 1, 2026 at 8:10pm

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Rexford Industrial Realty, Inc., a real estate investment trust focused on industrial properties in Southern California, announced it has disposed of five properties for $127.4 million and repurchased over 5.5 million shares of its common stock for $200 million so far in 2026. The company also has an additional $170 million in dispositions under contract or accepted offer.

Why it matters

Rexford's strategic dispositions and share repurchases demonstrate its commitment to maximizing shareholder value through disciplined capital allocation. The company is focused on strengthening its portfolio quality and resilience to drive superior returns.

The details

Rexford Industrial disposed of five properties in the first quarter of 2026, including an industrial building in Valencia, a land parcel in Fontana, and an office campus in Anaheim. The company also has $170 million in additional dispositions under contract or accepted offer, including four properties previously in its near-term development pipeline. Rexford has repurchased over 5.5 million shares of its common stock for $200 million so far this year, with $300 million remaining under its current $500 million share repurchase program.

  • Year to date through March 31, 2026, Rexford Industrial disposed of five properties.
  • Year to date through March 31, 2026, Rexford Industrial repurchased 5,534,357 shares of its common stock.

The players

Rexford Industrial Realty, Inc.

A real estate investment trust focused on creating value by investing in and operating industrial properties throughout infill Southern California.

Laura Clark

Chief Executive Officer of Rexford Industrial Realty, Inc.

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What they’re saying

“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. We are committed to a reformed capital allocation approach that maximizes risk-adjusted returns and strengthens the quality and resilience of our portfolio, positioning Rexford's value creation platform to drive superior shareholder value.”

— Laura Clark, Chief Executive Officer

What’s next

Rexford Industrial has approximately $170 million in additional dispositions under contract or accepted offer, including four properties that were in the near-term development pipeline. These transactions are subject to customary due diligence and closing conditions.

The takeaway

Rexford Industrial's strategic dispositions and share repurchases demonstrate its commitment to optimizing its portfolio and capital allocation to drive long-term value for shareholders. The company's disciplined approach positions it well to navigate market conditions and continue delivering superior returns.