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Rexford Industrial's Recent Business Developments

Rexford Industrial Realty, Inc. (NYSE: REXR), recognized for its strategic investments in industrial properties throughout Southern California, has reported significant updates regarding its business activities. These developments are critical as the company prepares to engage with investors at the upcoming Citi 2026 Global Property CEO Conference on March 2, 2026.

Capital Allocation and Business Strategy

Laura Clark, the Chief Operating Officer and soon-to-be Chief Executive Officer, emphasized the company’s commitment to enhancing shareholder value through prudent capital allocation. The company's strategy prioritizes reinvestment into share repurchases and value-added projects. Clark noted, "Our capital allocation execution year to date demonstrates our focus on delivering across our current strategic priorities."

Recent Dispositions

Recently, Rexford Industrial executed the sale of two properties for a total of $41.2 million before February 25, 2026. The properties sold include:

1. 14005 Live Oak Avenue, Irwindale: This vacant 5.1-acre land parcel was sold for $14.5 million, approximately $65 per land square foot. Previously under development, exiting this project helps the company save about $20 million in capital expenditure.
2. 18250 Euclid Street, Fountain Valley: A fully occupied single-tenant industrial building covering 62,838 square feet was sold for $26.7 million, or $425 per square foot.

In addition, there are potential dispositions valued at $185 million under contract, including five properties slated for near-term development. However, completion of these transactions is subject to customary due diligence.

Share Repurchase Initiatives

In February, Rexford Industrial bought back 2,670,227 shares of common stock for a total of $100 million, with a weighted average purchase price of $37.45 per share. This is part of a broader $500 million share repurchase program recently authorized by the Board of Directors, with $400 million remaining available for future repurchases.

Upcoming Conference Engagement

The exciting showcase of Rexford’s strategic initiatives will unfold at the Citi 2026 Global Property CEO Conference. This presentation will be accessible via a live webcast, providing an opportunity for stakeholders to gain insights into the company's ongoing values and strategies.

Conference Details:

• - Date: March 2, 2026
• - Time: 2:10 PM ET
• - Webcast: Available through the company's investor relations website.

Company Overview

Rexford Industrial specializes in investing, operating, and repositioning industrial properties, particularly in Southern California, where they engage with the fourth largest industrial market globally. As of December 31, 2025, Rexford's portfolio consists of 419 properties, totaling approximately 51.2 million rentable square feet, ensuring a diverse and stable tenant base. The company’s distinct approach facilitates both internal and external growth opportunities, leveraging their asset management capabilities.

For more comprehensive information, stakeholders can visit rexfordindustrial.com.

Forward-Looking Statements

This announcement may contain forward-looking statements based on current expectations and projections. While these representations reflect the company’s beliefs and expectations, they come with inherent risks and uncertainties. Thus, actual outcomes may differ materially from those projected. Interested parties are encouraged to consult the company’s filings with the U.S. Securities and Exchange Commission for further details on factors influencing operational outcomes.

Contact Information

For inquiries, reach out to Mikayla Lynch, Director of Investor Relations and Capital Markets, at (424) 276-3454 or via email at [email protected]