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.
Senior Vice President, Human Resources
Ms. Schnapp brings over 25 years of human resources leadership experience to Rexford. Her work encompasses a variety of industries and companies at various stages of maturity, driving strategies around talent, culture and organizational effectiveness. Prior to Rexford, Ms. Schnapp led the human resources function for high growth start-ups, MarkMonitor and CompuMark, assisting with their successful exit to Clarivate Analytics. In addition, Ms. Schnapp led human resources strategy for Jones Lang LaSalle (west region) and Equity Office Properties. Her other previous leadership roles include Head of Human Resources, North America at BBC Technology (a division of the British Broadcasting Company) and Director of Human Resources at OpenTable. Ms. Schnapp holds a Bachelor of Arts, Psychology from San Francisco State University and is an active member in the Society for Human Resources Management.