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.
Richard Ziman is Co-Founder and Chairman of Rexford Industrial Realty (NYSE Symbol: REXR), one of Southern California’s leading owners and operators of infill industrial real estate and he was also Founder Chairman and CEO of New York Stock Exchange Arden Realty, Inc. which was the largest owner of office space in Southern California until its $5 billion merger with General Electric (GE), the largest single real estate transaction in the history of Southern California. Over the years Richard has also held many leadership positions in the educational, cultural and social service life of Southern California. He served six years as Chairman of the Board of City of Hope National Medical Center and its Beckman Research Institute, is a member of the Board of Governors of the Hebrew University of Jerusalem. Richard is also the CEO and Co-Trustee of The Rosalinde and Arthur Gilbert Foundation, a major charitable organization. Among his major contributions, Richard has established and endowed the UCLA Ziman Center for Real Estate (which combines academics, research, governmental and entrepreneurial resources), the Ziman Family Oncology Outpatient Center at City of Hope, the 96-bed Alzheimer hospice at the Los Angeles Jewish Home for the Aging and graduate fellowships, scholarships and other programs at, among others, UCLA Anderson, City of Hope, Hebrew University and American Jewish University. Richard has received numerous awards and honors for both his business and philanthropic endeavors and he is the recipient of 3 Honorary Doctorates and the UCLA Gold Medal (the University’s highest award). Richard received his BA and JD degrees from the University of Southern California and is married to May.