Rexford Industrial’s innovative approach to identifying and creating value extends to investments in every type of industrial property in all asset classes, from warehouse, manufacturing and R&D to flex industrial – both single and multi-tenant projects. The company capitalizes on proprietary relationships to acquire, reposition and develop commercial investment properties, investing in every category of industrial property – core, value-add, repositioning and development – throughout the Western U.S., with a focus on Southern California.
Rexford is well positioned to deliver exceptional risk-adjusted investor returns through its favorable access to qualified investment opportunities in both the mainstream “big-box” industrial markets as well as by emphasizing acquisition and redevelopment of multi-tenant industrial space in the harder-to-access, more fragmented industrial markets characterized by tenant spaces of 40,000 square feet or less.
Rexford Industrial currently operates a portfolio comprised of more than 5.5 million square feet of industrial real estate. The company currently targets investment of over $500 million of industrial properties.
The Southern California Industrial Market - A Substantial Investment Opportunity
- With approximately 2.0 billion square feet of industrial space and more than 40 percent of all containerized traffic entering the U.S. via the ports of Long Beach and Los Angeles, the Southern California industrial market is the largest and most fragmented in the U.S.
- Southern California provides the most favorable industrial real estate investment market within the U.S., and serves as an ideal platform from which to target additional industrial markets that demonstrate similarly favorable market characteristics.
- Southern California is distinguished for consistently maintaining the lowest combined vacancy rates and the highest per-square-foot rental rates among the major industrial markets in the U.S.
- In-fill industrial real estate markets throughout the Southern California region demonstrate distinct economic characteristics and advantages. Well-located and well-maintained older buildings will continue to attract quality tenants whose businesses require that they be located in California.
- Rexford expects that such properties, typically valued under $20 million, attract less interest from institutional investors, and offer an opportunity through development and redevelopment to create attractive cash flow and appreciated value.