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.
We are committed to creating value for our customers, shareholders, employees and the broader communities in which we operate by employing a value-driven business model focused on delivering significant economic, environmental and social benefits.
Our people are everything. Together, we are entrepreneurs leading and innovating to create value.
Board of Directors
Experience. Dedication. Judgement.
Executive Vice President, Investments
Mr. Schlehuber has led Rexford Industrial’s property acquisition efforts since joining in 2009. He is also a member of Rexford’s Investment Committee. To date, Mr. Schlehuber has led the acquisitions team through 131 property acquisitions totaling nearly $2 billion and adding 17.2 million square feet to Rexford’s portfolio. Mr. Schlehuber has over 20 years of property investment and finance experience including acquisitions, dispositions, asset and construction management and leasing throughout California. Prior to his time at Rexford, Mr. Schlehuber was an Investment Officer at First Industrial Realty Trust, another publicly traded Industrial REIT. Additionally Mr. Schlehuber spent time working in investment banking and financial consulting at Relational Advisors (formerly Batchelder & Partners) and Arthur Anderson. Mr. Schlehuber is a Chartered Financial Analyst and Certified Public Accountant (Illinois-Inactive). He received his Bachelor’s degree in Finance from the University of Notre Dame.