What changed
Rexford Industrial Realty entered into a definitive agreement to sell an industrial portfolio to an affiliate of EQT Real Estate for approximately $1.2 billion, with closing expected by the end of the third quarter of 2026. The 2027 cash NOI yield is estimated at 5.5%. Including this transaction, Rexford Industrial has closed or is under contract on approximately $1.5 billion of dispositions year to date, positioning the company within its full-year disposition guidance range of $1.5 to $2.0 billion. The company reaffirmed its 2026 guidance provided in the second quarter 2026 earnings release dated July 23, 2026.
Why it matters
Rexford Industrial Realty entered into a definitive agreement to sell an industrial portfolio to an affiliate of EQT Real Estate for approximately $1.2 billion, with closing expected by the end of the
← Dashboard
Aug 19, 2026 05:06 PM ET