Creating value investing in industrial property throughout infill Southern California.
Entrepreneurs focused on delivering superior, consistent shareholder returns.
Decades of experience, well-capitalized as a public REIT (NYSE: "REXR").
Southern California is not just where we’re located—it’s a critical part of our business strategy.
If it were its own country, Southern California would be one of the largest economies in the world and is the nation’s largest regional economy. Measured by square feet, the Southern California industrial market would be the fourth largest global market, lagging in size only to the entire countries of the U.S.A., China and Japan. Within the United States, the SoCal industrial property market represents about the same economic value as the next four to five largest U.S. markets combined. More specifically, we focus on SoCal high-barrier submarkets located in and among our massive, growing population centers - we call these “infill” markets.
Why Infill Southern California?
Scarce supply, high demandScarce, diminishing supply in the face of strong, growing tenant demand results in an ongoing supply-demand imbalance that is intensifying over time as industrial property is increasingly being converted to other, non-industrial uses.
High barrier sub-marketsVirtually no threat of new competition. Fully built-out and surrounded by mountains, ocean and dense population centers, our infill industrial market can not increase in size. Very high land and development costs further preclude development of for-lease product.
Huge market, strongest fundamentalsAt 1.8 billion square feet, the SoCal infill market is the nation's largest, most sought-after industrial market. Occupancy and value lead the nation with rental rates that are more than 60% higher than the average of the next ten largest markets.
Value-creationWith over a billion square feet of vintage buildings in the region’s best locations, we pursue a nearly limitless well of opportunities to increase cash flow and value by enhancing product functionality, marketability and performance.
Our strategy for success
We differentiate ourselves with the extra work to create and execute on exceptional investment opportunities...
Our people are everything. Together, we are entrepreneurs leading and innovating to create value.
Board of Directors
Experience. Dedication. Judgement.
Committed to creating value for our customers, shareholders, employees and our broader communities, our work generates significant economic, environmental and social benefits. We like to recycle and improve existing buildings, which optimizes environmental impact, contributes toward urban renewal, business growth and the creation of essential, sustainable jobs.
Diana J. Ingram
Diana Ingram has served as a Board member since April 17, 2018 and serves on the Nominating and Corporate Governance Committee. Ms. Ingram is a senior business development, sales, and marketing leader with an extensive background in information technology in the U.S., Latin American and other global markets. Ms. Ingram has served as Consulting Director at Oracle Consulting since 2015, where she is focused on helping corporate clients accelerate their transition to cloud computing and enhance their IT security posture. From 2013 to 2015, Ms. Ingram ran Ingram & Associates, an independent consulting firm based in Los Angeles. Prior to that, she was Executive Vice President and Head of Operations for the U.S. start-up of networking software company IBT /Realtime from 2012 to 2013, prior to which she held several key positions at IBM from 2004 to 2012, including Director of Security and Privacy Services, U.S.; Vice President of Global Sales for Wireless E-Business Solutions; Vice President of Telecommunications – Media Sector, Latin America and Director of Enterprise Content Management Software Sales, Americas. Prior to IBM, she was Senior Vice President and General Manager of Operations, West Region at Kinko's Inc., now part of FedEx from 2002-2003, where she oversaw 600 retail stores and 20 commercial print production centers, generating more than $1 billion in revenue annually. Active in the Southern California community, Ms. Ingram serves on the boards of directors of Goodwill of Southern California, ECMC Group, Inc. and the International Women’s Forum, Southern California affiliate. Her previous board service includes Big Brothers Big Sisters, Los Angeles, the Los Angeles Urban League and the Coalition for Clean Air. Ms. Ingram received her Bachelor of Arts degree from Stanford University and her Master of Business Administration from the Kellogg Graduate School of Management at Northwestern University. She is an associate member of the International Information System Security Certification Consortium (ISC)².