Rexford Industrial Realty traded at $34.74 this Friday May 15th, decreasing $0.52 or 1.47 percent since the previous trading session. Looking back, over the last four weeks, Rexford Industrial Realty lost 3.31 percent. Over the last 12 months, its price fell by 2.74 percent. Looking ahead, we forecast Rexford Industrial Realty to be priced at 34.04 by the end of this quarter and at 32.03 in one year, according to Trading Economics global macro models projections and analysts expectations.
Rexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust (REIT). The Company is focused on owning and operating industrial properties in Southern California infill markets. Through its controlling interest in its Rexford Industrial Realty, L.P. (Operating Partnership) and its subsidiaries, it owns, manages, leases, acquires and develops industrial real estate principally located in Southern California infill markets, and, from time to time, acquire or provide mortgage debt secured by industrial property. Its portfolio consists of approximately 266 properties with 33.0 million rentable square feet. In addition, it manages approximately 20 properties with approximately one million rentable square feet.