Rexford sells USD 1.2 billion portfolio: Rexford Industrial stock trades EUR 32.72 vs EUR 32.69

Published on 10/06/2026 at 11:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The portfolio covered 22 properties and 5.2 million square feet. Rexford Industrial stock costs EUR 32.72 on October 6, 2026 after EUR 32.69.

REXR, US76169C1009, Illustration mit AI erstellt.

Rexford Industrial (ISIN US76169C1009) was trading at EUR 32.72 at Lang & Schwarz on October 6, 2026 at 11:07 a.m. CEST, up 0.09 percent versus the prior close of EUR 32.69. The company completed a USD 1.2 billion industrial portfolio sale on September 17, 2026, according to Rexford Industrial.

Portfolio sale resets capital allocation

The transaction transferred 22 industrial properties totaling 5.2 million rentable square feet to an affiliate of EQT Real Estate. Rexford Industrial said the sale formed part of a USD 2.0 billion non-core portfolio realignment, with USD 1.5 billion of dispositions completed year to date, according to the September 17, 2026 release.

The portfolio carried a weighted average remaining lease term of 2.7 years, while in-place rents stood 28.00 percent above current market rates. The contrast matters because the properties offered near-term rent roll-down exposure, while the proceeds give management more flexibility across debt repayment, repurchases and development.

Buybacks and guidance frame the deal

Rexford Industrial reported that it had used USD 485.0 million of proceeds to repay debt and USD 205.0 million to repurchase common stock during the third quarter to date. Year to date, debt repayment reached USD 492.0 million and common-stock repurchases reached USD 505.0 million, according to the company release.

The company reaffirmed its full-year 2026 disposition guidance range of USD 1.5 billion to USD 2.0 billion. It also estimated year-end 2026 net debt to Adjusted EBITDAre at 3.5x, giving investors a concrete measure for judging whether the asset sales are translating into a stronger balance sheet.

Results date adds the next test

StockTitan reports that Rexford Industrial will release third-quarter 2026 financial results after the market closes on October 22, 2026, with a management call scheduled for October 23, 2026. That report should show whether the portfolio reshaping is affecting operating trends before the company completes the remaining disposition program.

EUR price stays above prior close

At Lang & Schwarz, the stock was trading at EUR 32.72 on October 6, 2026 at 11:07 a.m. CEST, plus 0.09 percent versus the prior close of EUR 32.69 on October 5, 2026. On the NYSE, REXR was last at USD 36.69 on October 5, 2026 at 4:00 p.m. ET; its 52-week range was USD 32.14 to USD 44.38 and market capitalization was USD 8.4 billion as of that date.