Rexford Industrial Realty Announces $1.5B-$2B Asset Dispositions Plan by 2026
Rexford Industrial Realty (REXR) has outlined a strategic plan to dispose of assets valued between $1.5 billion and $2 billion through 2026 as part of an initiative to reduce leverage to 3.5x EBITDA. The company also announced the authorization of up to $1 billion in share repurchases, signaling confidence in its financial strategy. CEO Laura Clark highlighted strong leasing performance during Q2 2026, with year-to-date leasing volume increasing by 50% compared to the same period last year. This growth underscores Rexford's ability to maintain demand amid evolving market conditions and supports its capital recycling efforts.
Topics: FFO leasing_performance real_estate