Rexford Industrial Announces Third Quarter 2026 Financial Results
PR Newswire•22/10/2026•16:05 ET
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Key Highlights
- ➤2026 Core FFO guidance raised to $2.41-$2.44 per share from $2.38-$2.43
- ➤Q3 net income fell to $14.6 million from $87.1 million, including $71.8 million impairments
- ➤Q3 Core FFO held at $0.60 per diluted share, consistent with the prior year
- ➤Year-to-date dispositions reached $1.5 billion across 37 properties
- ➤Net debt to Adjusted EBITDAre fell to 3.8x from 4.5x as of June 30, 2026
Expert Statements
Laura Clark, Chief Executive Officer of Rexford Industrial
“Our third quarter performance reflects strong execution across our strategic priorities. Infill Southern California industrial market fundamentals continue to improve, with increasing tenant demand driving our strong leasing activity in the quarter. We've made significant progress on our portfolio realignment, sharpening our portfolio, strengthening our balance sheet and enhancing our financial flexibility. We remain focused on disciplined execution and capital allocation to drive sustainable cash flow growth and long-term shareholder value creation.”
Rexford Industrial Announces Third Quarter 2026 Financial Results PR Newswire
Advances portfolio realignment with $1.5 billion of dispositions year to date
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