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Rexford Industrial reports Q4 Core FFO 56c, consensus 56c

Reports Q4 revenue $210.42M, consensus $201.88M. Reports Q4 portfolio NOI and Cash NOI increased 16.3% and 22.5%, respectively, compared to the prior year quarter. “Rexford Industrial’s strong results demonstrate our focus on creating value that delivers both near- and long-term cash flow and NAV growth,” stated Michael Frankel and Howard Schwimmer, Co-CEOs of the Company. “As we look forward, Rexford remains exceptionally well-positioned to continue executing on our entrepreneurial business model in 2024 and beyond.”

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